Stallion India Fluorochemicals Limited — Important, 02-03-2026: Committee Meeting Updates
02-03-2026 | 08:08 pm
02-03-2026 | 08:08 pm
Stallion India Fluorochemicals Limited issued a revised announcement to correct an earlier error regarding its Rights Issue outcome. The company clarified the face value of the newly allotted equity shares is Rs. 10, not Re. 1 as previously stated. A Rights Issue Committee meeting recently approved the allotment of 3.68 Cr fully paid-up equity shares with a face value of Rs. 10 each, at a price of Rs. 99 per share. This allotment was in a ratio of 19 Rights shares for every 41 existing shares. Following this, the company's paid-up equity share capital is now 11.61 Cr shares, totaling Rs. 116.09 Cr. Lapsed rights entitlements have also been extinguished.
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