Franklin Industries Ltd — Dividend/Bonus, 29-05-2025: Corp. Action

Franklin Industries has announced a board meeting on the terms of its rights issue approved earlier. The company will offer 48.2 billion fully paid-up equity shares at ₹1 each, raising up to ₹48.2 billion. Eligible shareholders can subscribe for 5 new shares for every 3 shares held as on the record date. The issue opens mid-June and closes by the end of the month. Post-issue, the total equity share capital could increase from 28.92 billion to 77.12 billion shares, subject to full subscription, providing significant capital infusion for the company’s growth plans.