SGPL · S.G. Power Limited
Decisions of the Board Meeting - Allotment of Unsubscribed Portion of Right Issue.
- Filed
- 17 September 2026 at 1:08 pm
- Category
- Actions
- Sentiment
- Good
- Impact
- High
AI executive summary
SG Power Limited announced the decisions of its board meeting held on September 17, 2026, approving the allotment of 3,749,635 unsubscribed right shares at Rs. 10 each, aggregating to Rs. 37,496,350. The initial right issue received 92.99% subscription, while the remaining 7.01% unsubscribed portion was allotted to various investors in cash.
Key takeaways
- Board approved allotment of 3,749,635 unsubscribed right shares.
- Total funds raised from unsubscribed portion amount to Rs. 37,496,350 at Rs. 10 per share.
- Initial right issue achieved 92.99% subscription with Rs. 497,499,670 received.
- #right issue
- #allotment
- #board decisions
- #capital raise
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.