Overview
- Subscriptions opened on November 25 and run through December 10, offering 3 rights shares for every 25 held.
- The issue is priced at Rs 1,800 per share, about a 23–24% discount, targeting Rs 24,930 crore via 13.85 crore new shares on full uptake.
- The partly paid structure requires Rs 900 on application, with Rs 450 calls tentatively due January 12–27 and March 2–16, 2026.
- Promoter groups holding roughly 74% of the company will subscribe to their entitlement, and unexercised or unrenounced rights entitlements will lapse after December 10.
- Funds will support airports, data centres, green hydrogen, roads, PVC and copper smelting, metals and mining, plus digital and media ventures, with some proceeds earmarked for debt reduction.