Natural Capsules Limited — Important, 29-07-2026: Disclosure of material issue

**NATCAPSUQ Update:** Natural Capsules (NCL) has opted *not* to subscribe to the Rights Issue offered by its subsidiary, Natural Biogenex Private Limited.

**The Issue & Impact:** NCL's non-participation will lead to a 2.18% dilution of its equity stake in Natural Biogenex, reducing it from 68.96% to 66.78%. Natural Biogenex will remain an NCL subsidiary.

**Company's Plan:** NCL states this decision is based on the "strategic allocation of the funds on other business matters," indicating a focus on other investment priorities.

**Subsidiary Snapshot (Natural Biogenex last FY):**

* Turnover: Rs 13.43 Cr

* Net Worth: Rs 81.24 Cr

* Profit/Loss: Rs -43.30 Cr

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