GS Auto Sets May 22 Record Date for Rights Issue

3 min read     Updated on 18 May 2026, 05:20 PM
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GS Auto International's Rights Issue Committee fixed May 22, 2026, as the record date for a rights issue of up to 2,90,29,160 partly paid-up equity shares at ₹10.00 each. The 2:1 ratio issue aims to raise ₹2,902.92 Lakhs, with entitlements credited to eligible shareholders' demat accounts prior to the opening date.

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The Rights Issue Committee of GS Auto International , at its meeting held on May 18, 2026, approved the terms and conditions of a proposed rights issue of partly paid-up equity shares. This development follows the Board of Directors' earlier approval on March 30, 2026, and the 'In-Principle Approval' received from BSE Limited. The committee has fixed Friday, May 22, 2026, as the record date for determining eligible equity shareholders entitled to receive rights entitlements.

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.

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

Parameter: Details
Type of Securities: Partly Paid-up Equity Shares of face value ₹5.00 each
Type of Issuance: Rights Issue
Total Shares Offered: Up to 2,90,29,160 partly paid-up equity shares
Issue Price: ₹10.00 per equity share (fully paid-up)
Aggregate Issue Size: Up to ₹2,902.92 Lakhs (assuming full subscription)
Record Date: Friday, May 22, 2026
Rights Entitlement Ratio: 2:1 (two rights shares per one existing share)

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:

Amount Payable: Face Value (₹) Premium (₹) Total Amount (₹)
On Application: 2.50 2.50 5.00
One or More Additional Calls: 2.50 2.50 5.00

Share Capital Before and After the Issue

The rights issue will have a significant impact on the company's outstanding equity share capital. 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.

Dematerialisation and Regulatory Compliance

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 ISIN for such rights entitlements will be intimated in due course. The rights entitlements of eligible equity shareholders as on the record date shall be credited prior to the issue opening date. The disclosure has been made in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for GS Auto International

1 Day5 Days1 Month6 Months1 Year5 Years
+1.74%-5.02%+3.95%+4.35%-10.00%+612.83%

How might the near-tripling of GS Auto International's share capital affect its earnings per share and stock valuation in the near term?

What are the intended use of proceeds from the ₹2,902.92 Lakhs rights issue, and how could capital deployment impact the company's growth trajectory in the auto components sector?

Given the 2:1 rights entitlement ratio, how could significant non-subscription by existing shareholders influence the company's ownership structure and promoter shareholding percentage?

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G S Auto International Limited Submits SEBI Compliance Certificate for Q4FY26

1 min read     Updated on 10 Apr 2026, 05:09 PM
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G S Auto International Limited filed its mandatory SEBI compliance certificate for Q4FY26 on April 10, 2026, covering the quarter ended 31st March, 2026. The certificate, provided by registrar Skyline Financial Services Private Limited, confirms proper handling of dematerialization processes and adherence to regulatory timelines. The filing was executed by Company Secretary Jasmine Kaur and communicated to BSE Limited along with both major depositories, demonstrating the company's commitment to regulatory compliance.

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G S Auto International Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The certificate pertains to the quarter ended 31st March, 2026, and was filed on April 10, 2026.

Regulatory Compliance Filing

The company filed the certificate pursuant to Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. The submission was made through a formal communication to BSE Limited's Department of Corporate Relations, referencing the company's scrip code 513059.

Filing Details: Information
Quarter Ended: 31st March, 2026
Filing Date: April 10, 2026
Reference Number: GSA: CS: 2026
BSE Scrip Code: 513059
Company CIN: L34300PB1973PLC003301

Registrar Confirmation

Skyline Financial Services Private Limited, serving as the company's Registrar and Share Transfer Agent, provided the compliance certificate dated April 02, 2026. The registrar confirmed adherence to dematerialization requirements for physical share certificates received during the quarter.

The certificate validates two critical compliance aspects:

  • Securities comprised in the certificates have been listed on the stock exchange where earlier issued securities are listed
  • Certificates have been mutilated and cancelled after due verification, with the depository name substituted in records as registered owner within 15 days

Corporate Governance

The filing was executed by Jasmine Kaur, Company Secretary & Compliance Officer (ICSI Membership No.: A79557), who digitally signed the submission on April 10, 2026. The communication was copied to both National Securities Depository Limited and Central Depository Services (India) Limited, ensuring comprehensive regulatory notification.

Depositories Notified: Address
NSDL: 3rd Floor, Naman Chamber, Bandra Kurla Complex, Mumbai-400051
CDSL: Marathon Futurex, 25th Floor, Lower Parel (East), Mumbai-400013

This quarterly filing demonstrates the company's commitment to maintaining regulatory compliance and transparent corporate governance practices in accordance with SEBI guidelines for depositories and participants.

Historical Stock Returns for GS Auto International

1 Day5 Days1 Month6 Months1 Year5 Years
+1.74%-5.02%+3.95%+4.35%-10.00%+612.83%

What operational or strategic developments might G S Auto International announce in their upcoming Q1 FY2027 earnings report?

How could potential changes in SEBI's depository regulations impact G S Auto International's compliance costs and procedures?

Will G S Auto International consider upgrading from BSE to additional stock exchange listings to improve liquidity?

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1 Year Returns:-10.00%