Scoobee Day Garments Extends Rights Issue Closure to October 10, 2025

1 min read     Updated on 18 Sept 2025, 04:45 PM
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Radhika SahaniScanX News Team
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Overview

Scoobee Day Garments (India) Limited has extended its Rights Issue closure date by 21 days, from September 19 to October 10, 2025. The decision, approved by the board on September 18, 2025, aims to give investors more time to participate. The Issue Opening Date remains September 12, 2025. Other key dates have been adjusted accordingly, with the Date of Listing now set for October 29, 2025. The extension complies with the 30-day limit from the opening date as per regulations. The company will publish these changes in newspapers and on its website.

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

Scoobee Day Garments (India) Limited has announced a significant extension to its ongoing Rights Issue, pushing the closure date by 21 days. This decision, approved by the company's board of directors on September 18, 2025, aims to provide investors with additional time to participate in the offering.

Key Changes in Rights Issue Timeline

The company has revised several important dates in the Rights Issue schedule:

Activity Original Date Extended Date
Issue Opening Date September 12, 2025 September 12, 2025 (Unchanged)
Issue Closing Date September 19, 2025 October 10, 2025
Finalisation of Basis of Allotment September 26, 2025 October 17, 2025
Date of Allotment September 29, 2025 October 20, 2025
Date of Credit October 03, 2025 October 24, 2025
Date of Listing October 08, 2025 October 29, 2025

Unchanged Aspects

Despite the extension, some key aspects of the Rights Issue remain unchanged:

  • The Issue Opening Date continues to be September 12, 2025.
  • The Last Date for On Market Renunciation of Rights Entitlements remains September 16, 2025.

Compliance with Regulations

Scoobee Day Garments has ensured that the extension keeps the total issue period within the 30-day limit from the opening date, as per regulatory requirements. This move demonstrates the company's commitment to providing ample opportunity for shareholders to participate while adhering to regulatory guidelines.

Investor Communication

The company has stated that an advertisement detailing these changes will be published in newspapers and submitted to the stock exchange. Investors can also find this information on the company's official website at www.scoobeedaygarments.com .

Board Meeting Details

The board meeting that approved these changes took place on September 18, 2025, commencing at 3:30 p.m. and concluding at 4:15 p.m. This information was disclosed as part of the company's commitment to transparency and compliance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Investors and market participants are advised to take note of these revised dates for the Scoobee Day Garments Rights Issue and plan their actions accordingly.

Historical Stock Returns for Scoobee Day Garments

1 Day5 Days1 Month6 Months1 Year5 Years
+0.16%+2.23%-11.60%+1.99%+25.65%-9.18%
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Scoobee Day Garments Approves ₹4,050 Lakh Rights Issue, Sets AGM Date

1 min read     Updated on 26 Aug 2025, 02:20 PM
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Ashish ThakurScanX News Team
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Overview

Scoobee Day Garments (India) Limited has approved a rights issue of up to 45,00,000 equity shares at ₹90 per share, aiming to raise ₹4,050.00 lakhs. The rights entitlement ratio is 1:3, with the issue opening on September 12, 2025, and closing on September 19, 2025. The company's 31st AGM is scheduled for September 29, 2025, via video conference. The Board also approved a revision in the Managing Director's remuneration, subject to shareholder approval.

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

Scoobee Day Garments (India) Limited has announced a significant rights issue and set the date for its Annual General Meeting (AGM). The company's Board of Directors approved these decisions during a meeting held on August 26, 2025.

Rights Issue Details

The Board has given the green light for a rights issue of up to 45,00,000 fully paid-up equity shares, with a face value of ₹10 each. The issue price is set at ₹90 per share, which includes a premium of ₹80. This rights issue aims to raise up to ₹4,050.00 lakhs.

Key points of the rights issue include:

Item Details
Rights Entitlement Ratio 1 new equity share for every 3 existing shares held
Record Date September 2, 2025
Issue Opening Date September 12, 2025
Issue Closing Date September 19, 2025
ISIN for Rights Entitlement INE962E20015

The Federal Bank Limited will serve as the banker to the issue. Upon full subscription, the company's outstanding equity shares will increase from 1,35,00,000 to 1,80,00,000.

Annual General Meeting

The Board has scheduled the 31st Annual General Meeting (AGM) for September 29, 2025, at 12:00 p.m. The meeting will be conducted through Video Conference (VC) and Other Audio-Visual Means (OAVM), in line with applicable regulations.

Other AGM-related decisions include:

  • Book Closure: The Register of Members and Share Transfer Books will remain closed from September 22, 2025, to September 29, 2025 (both days inclusive)
  • Cut-off Date: September 22, 2025, for determining eligible members entitled to vote on AGM resolutions
  • E-voting Scrutinizer: Mr. Nikhil George Pinto, Practicing Company Secretary, has been appointed as the scrutinizer for e-voting and voting at the AGM

Additional Board Decisions

The Board also approved a revision in the remuneration payable to the Managing Director, subject to shareholder approval at the upcoming AGM.

Scoobee Day Garments (India) Limited's shares are listed on the BSE with the scrip code 531234. The company has made the detailed information about these corporate actions available on its website at www.scoobeedaygarments.com .

Investors and shareholders are advised to refer to the official communications and the Letter of Offer for complete details about the rights issue and other corporate updates.

Historical Stock Returns for Scoobee Day Garments

1 Day5 Days1 Month6 Months1 Year5 Years
+0.16%+2.23%-11.60%+1.99%+25.65%-9.18%
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