Arunis Abode Limited Completes Rights Issue, Promoter Group Shareholding Drops to 20.48%

1 min read     Updated on 15 Sept 2025, 04:36 PM
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Shriram ShekharScanX News Team
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Overview

Arunis Abode Limited has completed a significant rights issue on September 12, 2025, resulting in a substantial change in its shareholding structure and equity capital. The company issued 4.8 crore new equity shares, increasing its equity share capital from Rs. 3 crore to Rs. 51 crore. This move led to a significant dilution in the promoter group's shareholding, reducing it from 70.37% to 20.48%. Dharmendrabhai Becharbhai Jasani received 83.33 lakh shares through the rights issue, now holding 17.79% of the company. The company has made the necessary disclosures under SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Arunis Abode Limited has successfully completed a significant rights issue, resulting in a substantial change in its shareholding structure and equity capital. The company made this announcement through a regulatory filing on September 12, 2025.

Rights Issue Details

The rights issue, which concluded on September 12, 2025, saw the allotment of 4.8 crore equity shares, each with a face value of Rs. 10. This move has dramatically increased the company's equity share capital from Rs. 3 crore (30 lakh shares) to Rs. 51 crore (5.1 crore shares).

Impact on Shareholding

The rights issue has led to a significant dilution in the promoter group's shareholding:

  • Before Rights Issue: 70.37%
  • After Rights Issue: 20.48%

This reduction in promoter holding is primarily due to the large-scale allotment of new shares to eligible shareholders.

Key Allotments and Shareholding

Dharmendrabhai Becharbhai Jasani

  • Received 83.33 lakh shares through the rights issue
  • Current shareholding: 17.79% (90,71,029 shares)

Yagnik Bharatkumar Tank

  • Current shareholding: 2.06% (10,52,500 shares)

Ayush Dharmendrabhai Jasani

  • Current shareholding: 0.63% (3,21,012 shares)

Shareholding Structure

Shareholder Shares Held Percentage
Dharmendrabhai Becharbhai Jasani 90,71,029 17.79%
Yagnik Bharatkumar Tank 10,52,500 2.06%
Ayush Dharmendrabhai Jasani 3,21,012 0.63%
Total Promoter Group 1,04,44,541 20.48%

Regulatory Compliance

The company has made the necessary disclosures under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This disclosure was filed to inform the market about the change in shareholding structure resulting from the rights issue.

The rights issue marks a significant milestone for Arunis Abode Limited, substantially increasing its equity base and potentially providing additional capital for future growth initiatives.

Historical Stock Returns for Arunis Abode

1 Day5 Days1 Month6 Months1 Year5 Years
+2.00%+10.37%+44.35%+306.63%+1,951.27%+4,816.79%
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Arunis Abode Limited to Finalize Rights Issue Details in Upcoming Board Meeting

1 min read     Updated on 16 Aug 2025, 02:08 PM
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Reviewed by
Radhika SahaniScanX News Team
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Overview

Arunis Abode Limited has scheduled a board meeting for August 20, 2025, to finalize details of its upcoming rights issue. The meeting will determine the rights issue price, payment mechanism, entitlement ratio, record date, and timing. The previously approved rights issue involves fully paid-up equity shares with a face value of Rs. 10 each, not exceeding Rs. 6,048.00 lakhs. The company has informed BSE Limited about the meeting, adhering to SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Arunis Abode Limited has announced a crucial board meeting scheduled for August 20, 2025, to finalize the specifics of its upcoming rights issue. This meeting follows the company's initial approval of the rights issue on July 25, 2025, and aims to address key aspects that will shape the offering to eligible shareholders.

Rights Issue Overview

The rights issue, as previously approved by the board, involves the issuance of fully paid-up equity shares with a face value of Rs. 10 each. The total amount of the issue is set not to exceed Rs. 6,048.00 lakhs, demonstrating a significant capital raising initiative by the company.

Key Decisions to be Made

The upcoming board meeting will focus on determining several critical elements of the rights issue:

  1. Rights Issue Price
  2. Payment Mechanism
  3. Rights Entitlement Ratio
  4. Record Date
  5. Timing of the Rights Issue

These decisions are crucial for shareholders and potential investors, as they will directly impact the terms under which the new shares will be offered.

Regulatory Compliance

Arunis Abode Limited has emphasized that the rights issue will be conducted in full compliance with applicable regulations, including:

  • The Companies Act, 2013
  • Securities and Exchange Board of India (SEBI) regulations
  • SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018

Corporate Governance

In line with regulatory requirements, the company has duly informed the BSE Limited about the scheduled board meeting, adhering to Regulation 29(1)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This transparency ensures that all stakeholders are kept informed about significant corporate actions.

Management Statement

Dharmendrabhai Becharbhai Jasani, Chairman and Whole Time Director of Arunis Abode Limited, signed off on the official communication to the stock exchange, underlining the importance of this corporate action.

Investors and shareholders of Arunis Abode Limited are advised to keep a close watch on the outcomes of the August 20 meeting, as it will provide crucial information about their potential participation in the company's growth through this rights issue.

For more information, stakeholders can visit the company's official website at www.arunis.in , where updates regarding the rights issue will be made available.

Historical Stock Returns for Arunis Abode

1 Day5 Days1 Month6 Months1 Year5 Years
+2.00%+10.37%+44.35%+306.63%+1,951.27%+4,816.79%
Arunis Abode
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