Viceroy Hotels Limited — Important, 14-08-2026: Disclosure of material issue
Viceroy Hotels (VHLTD) has announced the terms for its Rights Issue, aiming to raise capital.
**Issue:** Viceroy Hotels is conducting a Rights Issue to raise funds from existing shareholders.
**Impact:** This offers current shareholders a chance to increase their stake or maintain their proportional ownership in the company by subscribing to new shares at a fixed price. Non-participation would lead to dilution of their holding.
**Company's Response:** The company has finalized and approved the key terms for this capital raise.
Here are the details:
* **Total Issue Size:** Up to ₹105.83 Cr (92.03 lakh new shares).
* **Rights Issue Price:** ₹115 per share (₹10 face value + ₹105 premium).
* **Eligibility Date (Record Date):** August 20, 2026.
* **Entitlement Ratio:** 6 Rights Shares for every 7 existing shares held on the Record Date.
* **Issue Opens:** September 3, 2026.
* **Issue Closes:** September 11, 2026.
* **Fractional Entitlement:** Shareholders with less than 7 shares or not in multiples of 7 will have their fractional entitlements ignored. However, they will receive preferential consideration if they apply for additional shares. Shareholders holding less than 7 shares get zero entitlement but can still apply for additional shares with preference.
* **Shares Outstanding:** Pre-issue: 6.76 Cr shares. Post-issue (assuming full subscription): 7.68 Cr shares.
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