Shanti Gold Shares Dip Post-Rights Issue Despite Monthly Gains
By Business Desk
Shanti Gold International Ltd. shares fell 1% post-rights issue allotment of 46.43 lakh shares. The stock maintains a 27% monthly gain, showing resilience.
Shares of Shanti Gold International Ltd. declined over 1% in early trading on Tuesday, August 25, 2026. This immediate dip followed the official allotment of 46.43 lakh rights issue shares by the company, signaling a key market event for investors.
Recent Performance Metrics
- One-week gain: 5.97%
- One-month increase: 27.31%
- Year-to-date 2026 rally: 41.50%
Rights Issue Execution
The rights issue commenced on August 14, 2026, aiming to raise significant capital from existing shareholders. It concluded on August 21, 2026, with the board approving the final allotment just days later.
- Total equity shares issued: up to 46.43 lakh
- Targeted capital raise: approximately Rs 99.83 crore
- Final allotment approval date: August 24, 2026
- Consulted entities for allotment: BSE, lead manager, registrar
Impact on Equity Structure
The allotment process led to a notable expansion in both Shanti Gold’s paid-up capital and the total count of outstanding shares. This adjustment reflects the successful completion of the capital-raising exercise.
- Paid-up equity share capital expanded from Rs 72.10 crore to Rs 76.74 crore.
- Total outstanding equity shares increased from 7.21 crore to 7.67 crore.
The newly allotted shares are confirmed to hold equal ranking with all existing equity shares. Measures for crediting these shares to investor demat accounts are set to be initiated promptly.