Alan Scott Enterprises launches ₹714.70 lakh rights issue at ₹75 per share
- Alan Scott Enterprises launches a rights issue of 9,52,932 shares at ₹75 each
- The issue aggregates up to ₹714.70 lakh on a 1:6 basis for eligible shareholders
- Subscription opens on September 1, 2026, with a closing date of September 15, 2026
- Investors must apply via ASBA; physical shareholders need demat details by Sept 13
- Renunciation period runs from September 1 to September 9, 2026
*this image is generated using AI for illustrative purposes only.
Alan Scott Enterprises announced a rights issue of 9,52,932 partly paid-up equity shares at ₹75 each on a 1:6 basis. The issue aggregates up to ₹714.70 lakh and opens for subscription on September 1, 2026.
The company received in-principle approval from BSE Limited on August 5, 2026. Shareholders on record as of August 21, 2026 are eligible to subscribe. The issue closes on September 15, 2026, subject to extension by the Rights Issue Committee.
Issue Structure
The equity shares carry a face value of ₹10 each, with a premium of ₹65 per share. Investors must pay the application money upfront, with the call money due later.
| Payment Stage | Face Value (₹) | Premium (₹) | Total (₹) |
|---|---|---|---|
| On Application | 7.50 | 32.50 | 40.00 |
| On Call | 2.50 | 32.50 | 35.00 |
| Total | 10.00 | 65.00 | 75.00 |
Application Process
All investors must use the Application Supported by Blocked Amount (ASBA) process. Applications can be submitted through designated branches of Self-Certified Syndicate Banks (SCBSs) or electronically via SCBS websites. Physical shareholders must provide demat account details at least two working days before the closing date to receive rights entitlements.
Renunciation of rights entitlements is permitted from September 1 to September 9, 2026, through on-market trading on BSE Limited or off-market transfers. Unsubscribed and unrenounced entitlements will lapse after the issue closing date.
Key Dates
- Record Date: August 21, 2026
- Issue Opening: September 1, 2026
- Last Date for On-Market Renunciation: September 9, 2026
- Issue Closing: September 15, 2026
ICICI Bank Limited serves as the banker to the issue, while Brickwork Ratings India Private Limited acts as the monitoring agency. Purva Sharegrievy (India) Private Limited is the registrar.
Historical Stock Returns for Alan Scott Enterprises
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.96% | -3.69% | +6.24% | 0.0% | +57.38% | 0.0% |
How will the ₹714.70 lakh capital infusion from this rights issue impact Alan Scott Enterprises' debt-to-equity ratio and overall liquidity position?
What specific strategic projects or operational expansions is the company planning to fund with the proceeds from this equity raise?
Given the 1:6 subscription basis, what level of dilution can existing shareholders expect, and how might this affect earnings per share (EPS) in the near term?
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