Valiant Laboratories Limited — Important, 15-07-2025: Committee Meeting Updates

Valiant Laboratories' Rights Issue Committee has approved the terms for a Rights Issue of fully paid-up Equity Shares. The company plans to issue up to 1,08,62,500 shares at ₹75 per share, aiming to raise ₹81.47 Cr. Shareholders holding shares as of July 19 will be eligible for 1 Rights Equity Share for every 4 shares held. The full ₹75 issue price is payable on application. The Rights Issue opens on July 28 and closes on August 8, with August 5 as the last date for market renunciations. This capital raise will increase the total outstanding shares to 5,43,12,500 assuming full subscription.