Iris Clothings has announced its Rights Issue details. The company will issue 1,35,95,105 equity shares, raising ₹47.58 crores. The issue price is ₹35 per share, with a face value of ₹2 per share.
The Rights Issue opens on March 27, 2025, and closes on April 17, 2025. The entitlement ratio is 1:6, meaning shareholders will get 1 Rights Share for every 6 fully paid shares they own as of the record date, March 13, 2025.