Travels & Rentals Ltd — Dividend/Bonus, 22-01-2026: Corp. Action

Travels & Rentals Limited's board has approved the specific terms for its Rights Issue. The company will issue 1,12,02,685 fully paid-up equity shares, aiming to raise ₹16.80 Cr (assuming full subscription). Each share is priced at ₹15, including a ₹5 premium, with the full amount payable upon application. Eligible shareholders will receive one Rights Share for every one existing share held on the record date. The issue is scheduled to open in February and close in March. This could increase total outstanding shares to 2,24,05,370, assuming full subscription.