Darshan Orna Limited Acquires Registered Office Property for ₹25 Lakh

1 min read     Updated on 31 Oct 2025, 07:09 PM
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Naman SharmaScanX News Team
Overview

Darshan Orna Limited, listed on BSE, has acquired its registered office property for ₹25 lakh from promoter Arunaben Mahendrakumar Shah. The property is located in Ahmedabad and was purchased using internal accruals. This acquisition supports the company's business expansion strategy and provides a permanent owned location for operations. The transaction, disclosed under SEBI regulations, is a related party transaction conducted at arm's length.

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Darshan Orna Limited , a company listed on the BSE, has successfully completed the acquisition of its registered office property. The transaction, valued at ₹25.00 lakh, marks a significant step in the company's business expansion strategy.

Transaction Details

Aspect Details
Property Location Survey No. 0210542106/3/Lawar Ni Pole, Shekh Sariya Chambers, Madan Gopal Haveli Road, Manek Chowk Ahmedabad
Purchase Price ₹25.00 lakh
Seller Arunaben Mahendrakumar Shah (Promoter)
Funding Source Internal Accruals
Transaction Type Related Party Transaction (at arm's length)

Strategic Implications

The acquisition serves dual purposes for Darshan Orna Limited:

  1. Business Expansion: The company aims to utilize this property to support its growth initiatives.
  2. Owned Office Space: This move provides the company with a permanent, owned location for its operations.

Regulatory Compliance

In adherence to regulatory requirements, Darshan Orna Limited has disclosed this transaction under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has emphasized that despite being a related party transaction, it was conducted at arm's length, ensuring fairness and transparency.

Management Statement

Mahendrakumar Ramniklal Shah, Director of Darshan Orna Limited, signed off on the regulatory filing, confirming the completion of the transaction and its alignment with the company's expansion plans.

This strategic move by Darshan Orna Limited demonstrates the company's commitment to strengthening its operational foundation.

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Darshan Orna Limited Announces ₹1,500.88 Crore Rights Issue at ₹3 Per Share

1 min read     Updated on 27 Oct 2025, 07:18 PM
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Reviewed by
Radhika SahaniScanX News Team
Overview

Darshan Orna Limited, listed on BSE, has approved a rights issue of up to 5,00,29,335 equity shares at ₹3 per share, aiming to raise ₹1,500.88 crore. The rights issue follows a 1:1 ratio, with the record date set for October 31, 2025. The issue opens on November 13, 2025, and closes on November 21, 2025. Upon full subscription, the company's outstanding equity shares will double to 10,00,58,670.

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

Darshan Orna Limited , a company listed on the BSE, has announced a significant rights issue aimed at raising up to ₹1,500.88 crore. The company's Board of Directors has approved the issuance of up to 5,00,29,335 fully paid-up equity shares, priced at ₹3 per share. This move comes after receiving in-principle approval from BSE Limited on September 19, 2025.

Key Details of the Rights Issue

The rights issue follows a 1:1 ratio, meaning eligible shareholders will have the right to subscribe to one new share for every existing share held. Here are the important dates and details:

Particulars Details
Record Date October 31, 2025
Issue Opening Date November 13, 2025
Issue Closing Date November 21, 2025
Rights Entitlement Ratio 1:1
Issue Price ₹3 per Rights Equity Share
Face Value ₹2 per share
Total Shares Offered Up to 5,00,29,335
Maximum Fund Raise ₹1,500.88 crore

Impact on Share Structure

Upon full subscription of the rights issue, Darshan Orna Limited's outstanding equity shares will double from the current 5,00,29,335 to 10,00,58,670 shares, each with a face value of ₹2.

Additional Information

  • The company has set November 12, 2025, as the last date for credit of Rights Entitlements.
  • The last date for on-market renunciation of Rights Entitlements is November 17, 2025.
  • The Board and/or Rights Issue Committee reserves the right to extend the issue closing date, with the total issue period not exceeding 30 days from the opening date.
  • The International Securities Identification Number (ISIN) for credit of dematerialized Rights Entitlement is INE671T20010.

Investors and shareholders are advised to refer to the Letter of Offer for comprehensive details about the rights issue, including the application procedure and terms of the issue.

This rights issue represents a significant corporate action for Darshan Orna Limited, potentially impacting its capital structure and providing existing shareholders with an opportunity to increase their stake in the company. As always, investors should conduct their own research and consider their financial objectives before making investment decisions.

Historical Stock Returns for Darshan Orna

1 Day5 Days1 Month6 Months1 Year5 Years
-3.95%+12.31%+16.80%+22.69%-42.86%-40.65%
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