G S Auto International Limited has completed the dispatch of the letter of offer and application forms for its proposed rights issue on May 26, 2026. The company also published an advertisement regarding the completion of the dispatch in newspapers including Business Standard (English and Hindi) and Desh Sewak (Punjabi) on May 27, 2026. This development follows the earlier approval from the Board of Directors and the 'In-Principle Approval' from BSE Limited.

Key Terms of the Rights Issue

The Rights Issue Committee approved the issuance of up to 2,90,29,160 (Two Crore Ninety Lakhs Twenty-Nine Thousand One Hundred Sixty) partly paid-up equity shares of face value ₹5.00 each, at a price of ₹10.00 per share, for an aggregate amount of up to ₹2,902.92 Lakhs (assuming full subscription). The rights entitlement ratio is set at 2:1 — two partly paid rights equity shares for every one existing fully paid-up equity share held as on the record date of Friday, May 22, 2026.

The following table summarises the key parameters of the rights issue:

Payment Structure for Rights Equity Shares

The issue price of ₹10.00 per rights equity share is structured as partly paid, with payments split into two tranches. The amount payable on application constitutes 50% of the issue price, while the remaining 50% is payable through one or more additional calls. The breakdown of the payment schedule is as follows:

Rights Issue Schedule and ISIN Allocation

G S Auto International has announced the schedule for the rights issue, which opens on Tuesday, June 02, 2026, and closes on Wednesday, June 10, 2026. The last date for on-market renunciation of rights entitlements is Friday, June 05, 2026. The Board reserves the right to extend the issue period, provided it does not exceed 30 days from the issue opening date. No withdrawal of applications will be permitted after the issue closing date.

The company has obtained the necessary International Securities Identification Numbers (ISINs) for the credit of rights entitlements and the partly paid-up equity shares. The ISIN for the rights entitlements is INE736H20016. For the partly paid-up equity shares with a face value of ₹5 and a paid-up value of ₹2.5, the allocated ISIN is IN9736H01014. A temporary ISIN, IN8736H01023, has been assigned for partly paid-up equity shares pending listing and trading approval.

Share Capital Impact and Compliance

Prior to the rights issue, the company has 1,45,14,580 (One Crore Forty-Five Lakh Fourteen Thousand Five Hundred Eighty) fully paid-up equity shares of face value ₹5.00 each outstanding. Post the rights issue, assuming full subscription and payment of call monies, the outstanding equity shares are expected to rise to 4,35,43,740 (Four Crore Thirty-Five Lakh Forty-Three Thousand Seven Hundred Forty) equity shares of face value ₹5.00 each.

In accordance with the SEBI master circular, GS Auto International has made necessary arrangements with NSDL and CDSL for the credit of rights entitlements with a separate ISIN in dematerialised form to the demat accounts of eligible equity shareholders against equity shares held as on the record date. The disclosure has been made in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

G.S. Auto International Limited has scheduled a board meeting on May 30, 2026, to consider and approve the audited financial results for the quarter and financial year ended March 31, 2026. The meeting will be held at the registered office in Ludhiana at 03:30 P.M. The board will review the company's financial performance for Q4FY26 and the full fiscal year, along with the auditors' report for the corresponding period.

Agenda for the Board Meeting

The primary agenda items for the meeting include the consideration and approval of the audited financial results for the quarter and year ended March 31, 2026. Additionally, the board will consider the audited financial statements for the financial year ended March 31, 2026, accompanied by the auditors' report.

Trading Window Closure

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the company's trading window will remain closed until the results are announced. The window will reopen 48 hours after the financial results are made public to the market.