Overview
- Subscriptions run from November 25 to December 10 for partly paid shares priced at a roughly 23–24% discount to the approval-date price.
- The company is issuing about 13.85 crore shares to raise Rs 24,930 crore on full subscription.
- Eligible holders can buy 3 rights shares for every 25 fully paid shares held, with rights that are not exercised or renounced by the close set to lapse.
- Payment is staggered: Rs 900 on application, then Rs 450 in January 12–27, 2026 and Rs 450 in March 2–16, 2026.
- Proceeds are allocated to airports, data centres, green hydrogen, roads, metals and mining, PVC and copper smelting, as well as some debt reduction and incubation of digital and media ventures.