Shanti Gold International will hold a meeting of its Board of Directors on Friday, July 31, 2026, to finalize the critical financial and operational terms of its pending rights issue. The Board is tasked with determining the issue price, establishing the rights entitlement ratio, fixing the record date, and defining the timing and payment structures for the capital raise. This decision-making process is crucial for shareholders, as it will define the dilution impact and cost of participation in the new equity offering.

The upcoming deliberations follow an earlier Board meeting held on June 30, 2026, where the company initially approved the framework for the rights issue. The July 31 session aims to move from strategic approval to specific execution parameters. Under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Shanti Gold International Limited notified the Bombay Stock Exchange and the National Stock Exchange of India Limited regarding the scheduled meeting.

Key Agenda Items

The Board’s agenda focuses exclusively on the mechanics of the rights issue. Management must resolve several interdependent variables that dictate the final structure of the offer:

These decisions require alignment between the company’s valuation strategy and market conditions at the time of issuance. The finalization of these terms will allow Shanti Gold International Limited to proceed with regulatory filings and investor communication.

Regulatory Compliance

The intimation was issued by Vrushti Shah, Company Secretary & Compliance Officer, on July 27, 2026. The notice was submitted to the Listing/Compliance Departments of both BSE Limited and NSE Limited. Additionally, the company uploaded the intimation to its official website, www.shantigold.in , ensuring transparency for investors and stakeholders. No other corporate actions or financial results were discussed in this specific notification.

Shanti Gold International Limited has approved a proposal to raise up to Rs 100 crore through a rights issue of fully paid-up equity shares to strengthen its working capital position and support general corporate purposes. The board of directors sanctioned the issuance of equity shares with a face value of Rs 10 each at a meeting held on June 30, 2026. The company filed the necessary intimation with BSE Limited and the National Stock Exchange of India Limited on the same day, complying with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The rights issue will be offered to eligible equity shareholders as on a record date, which is yet to be determined and notified. The board will decide the specific terms and conditions, including the issue price, rights entitlement ratio, timing of the issue, and terms of payment. The issuance is subject to regulatory and statutory approvals, including adherence to the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, the Companies Act, 2013, and other applicable laws.

Key Details of the Rights Issue

The board's decision establishes the framework for the capital raising initiative, with several parameters to be finalised subsequently.

Objects of the Issue

The net proceeds from the rights issue are proposed to be deployed for the following purposes:

• Funding working capital requirements of the company.
• General corporate purposes.

Vrushti Shah, Company Secretary & Compliance Officer, signed the intimation on behalf of Shanti Gold International Limited. The information is also available on the company's website at www.shantigold.in .