Shivam Autotech Limited issues corrigendum revising Rights Issue size and dates
Shivam Autotech · Auto Components
Key highlights
- Rights Issue revised to 9.99 crore Equity Shares at ₹12 each, totaling ₹119.92 crore from earlier 10 crore shares worth ₹120 crore
- Issue Opening Date postponed to October 28, 2026; listing date revised to November 25, 2026
- Net proceeds of ₹119.67 crore allocated to unsecured loan adjustment (₹75 crore), working capital (₹32 crore), and general corporate purposes (₹12.67 crore, capped at 25% of gross proceeds)
Why it's rated notable: the amount is 39% of market value (20% to 50%)
Figures checked against the filing by a second AI read. About the business, not the share price.
Original filing
Corrigendum To Letter Of Offer Dated October 08, 2026.
Read the filing on BSE (PDF) →Companies guiding to strong growth
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- Sat Kartar Life Limited receives NSE approval for 5,50,000 convertible warrants issue
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Potential multibaggers · Q2 FY27
Potential multibaggers in Auto Components
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.