Kilitch Drugs (India) Limited — QIP/Rights/Pref., 12-07-2025: Rights Issue

Kilitch Drugs has announced a rights issue offering 172.9 crore equity shares to existing shareholders. The issue price and entitlement ratio are not specified. The rights issue opens on July 23, 2025, and closes on September 4, 2025, with a last date for market renunciation on September 1. This move allows current shareholders to buy additional shares, potentially diluting their stake if they don’t participate, while raising capital to support the company’s growth and operations.