NACL Industries Completes Dispatch of Rights Issue Materials, Opens December 22
NACL Industries Limited has announced the completion of the dispatch of its Rights Issue materials, including the Letter of Offer and Application Forms, both dated December 08, 2025. The dispatch was ...
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Why is NACL Industries Limited in the news today?
NACL Industries Limited (NACLIND) is in the news due to the announcement is a routine regulatory filing regarding the progress of a rights issue, providing procedural updates and dates. it does not contain new financial performance data or strategic shifts that would indicate a positive or negative sentiment.
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NACL Industries Completes Dispatch of Rights Issue Materials, Opens December 22
December 17, 2025, 12:29 PM
NACL Industries Limited has announced the completion of the dispatch of its Rights Issue materials, including the Letter of Offer and Application Forms, both dated December 08, 2025. The dispatch was finalized on December 16, 2025. Advertisements confirming these actions were published on December 17, 2025, in the Financial Express (English), Jansatta (Hindi), and Surya (Telugu) newspapers, as required by Regulation 84 of the SEBI ICDR Regulations.
The Rights Issue involves up to 3,25,01,851 fully paid-up equity shares of face value ₹1 each, offered at a price of ₹76.70 per share (including a premium of ₹75.70 per share). This issue aggregates up to ₹24,928.92 lakhs. The ratio for the rights issue is 5 equity shares for every 31 equity shares held on the record date, which was Friday, December 12, 2025.
The issue opens on Monday, December 22, 2025, with the last date for on-market renunciation being Wednesday, December 24, 2025. The issue closes on Tuesday, December 30, 2025. All applications must be made through the ASBA process. The company has also provided details regarding fractional entitlements, the credit of rights entitlements in demat accounts, and the process for handling rights entitlements credited to a demat suspense account.
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