Camlin Fine Sciences Limited — QIP/Rights/Pref., 02-01-2025: Rights Issue

Camlin Fine Sciences Limited has announced a board meeting to approve a rights issue of equity shares, aiming to raise up to ₹225 crore. The company plans to issue 2,04,26,244 shares at ₹110 each, including a premium of ₹109. Shareholders are entitled to subscribe at a ratio of 5 shares for every 41 held as of January 8, 2025. The rights issue will open on January 17, 2025, and close on January 27, 2025, with an on-market renunciation period from January 17 to January 23, 2025. Post-issue, the total outstanding shares will increase to 18,79,21,451, assuming full subscription.