Scoobee Day Garments' Promoter Shareholding Rises to 79.77% Post Rights Issue

1 min read     Updated on 20 Oct 2025, 03:28 PM
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Reviewed by
Radhika SScanX News Team
Overview

Scoobee Day Garments Limited has disclosed significant changes in its promoter and promoter group shareholding following a rights issue. The promoter group's total stake increased from 74.99% to 79.77%. Anna Aluminium Company Private Limited emerged as the largest shareholder with a 44.26% stake, up from 38.05%. Kitex Limited joined as a new promoter group member with a 6.04% stake. Individual promoters Boby M Jacob and Minni Boby Jacob saw percentage decreases in their holdings. The company affirmed its commitment to comply with minimum public shareholding requirements within twelve months.

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

Scoobee Day Garments (India) Limited has reported significant changes in its promoter and promoter group shareholding following a rights issue allotment. The company's disclosure, made in compliance with SEBI regulations, reveals a substantial increase in the promoter group's total shareholding from 74.99% to 79.77%.

Key Shareholding Changes

The rights issue has resulted in notable shifts in the ownership structure of Scoobee Day Garments. Here's a breakdown of the changes:

Shareholder Pre-Issue Stake Post-Issue Stake Change
Anna Aluminium Company Private Limited 38.05% 44.26% +6.21%
Boby M Jacob 23.24% 18.54% -4.70%
Minni Boby Jacob 13.70% 10.93% -2.77%
Kitex Limited 0.00% 6.04% +6.04%

Notable Developments

  • Anna Aluminium Company Private Limited: Emerged as the largest shareholder with a significant increase in stake.
  • Kitex Limited: Newly categorized as a promoter group member, acquiring a 6.04% shareholding.
  • Individual Promoters: Both Boby M Jacob and Minni Boby Jacob saw a decrease in their percentage holdings, although their actual number of shares remained unchanged.

Compliance with Regulations

Scoobee Day Garments has affirmed its commitment to adhere to the minimum public shareholding requirements as mandated by securities regulations. The company stated:

"We confirm that in accordance with Rule 19A(2) of the Securities Contract (Regulations) Rules, 1957 ("SCRR"), the Promoters & Promoters Group shall comply with provisions to maintain the Minimum Public Shareholding in accordance with the SEBI (LODR) Regulations."

This commitment ensures that the company will take necessary steps to bring the public shareholding to at least 25% within a maximum period of twelve months from the date of the fall below this threshold.

The changes in shareholding structure reflect the company's recent corporate action and its efforts to comply with regulatory requirements while potentially strengthening its promoter group's position.

Historical Stock Returns for Scoobee Day Garments

1 Day5 Days1 Month6 Months1 Year5 Years
-2.98%-1.30%-3.81%-22.26%-13.23%-16.63%
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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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Reviewed by
Radhika SScanX News Team
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
-2.98%-1.30%-3.81%-22.26%-13.23%-16.63%
Scoobee Day Garments
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