Containe Technologies Ltd (543606)

Containe Technologies has approved the allotment of 84,05,000 fully paid-up equity shares pursuant to its Rights Issue. The shares were allotted following the board meeting held on September 28, 2026, against an issue size of up to 1,39,88,000 shares. Following this allotment, the company's paid-up equity share capital increases significantly from ₹6.99 crore to ₹15.40 crore. The new shares expand the equity base by over 120%, resulting in substantial equity dilution for existing non-participating shareholders.

• Allotted 84,05,000 fully paid-up equity shares via Rights Issue
• Paid-up share capital increased from ₹6,99,40,000 to ₹15,39,90,000
• Issue was offered for up to 1,39,88,000 equity shares with face value of ₹10 each
• Allotment approved by Board of Directors on September 28, 2026

Containe Technologies has approved and adopted the Letter of Offer, Rights Entitlement Letter, and issue materials for its proposed Rights Issue at its board meeting on August 20, 2026. The record date for determining eligible equity shareholders entitled to receive rights issue materials has been confirmed as Friday, August 21, 2026. The company operates at a market cap of approximately ₹14 Cr with total debt of ₹9 Cr. The formal documents will be filed with BSE and SEBI and dispatched to eligible shareholders.

• Board approved and adopted the Letter of Offer and Rights Entitlement materials on August 20, 2026
• Record date set as Friday, August 21, 2026 for eligible equity shareholders
• Documents to be filed with BSE Limited and SEBI and dispatched to shareholders in due course

Containe Technologies has fixed Friday, August 21, 2026, as the record date for determining shareholders eligible to receive rights entitlements for its upcoming rights issue. The decision was finalized at its board meeting held on August 17, 2026. The specific terms of the issue—including issue price, ratio, and total fundraise amount—were not detailed in this filing. For a micro-cap company with a market capitalization of Rs 16 crore and net debt of Rs 9 crore, the capital raised could materially influence its leverage and equity base.

• Board fixed Friday, August 21, 2026, as the Record Date for the Rights Issue
• Meeting of the Board of Directors concluded on August 17, 2026
• Record date determines equity shareholders eligible for Rights Entitlements (REs)
• Issue price and rights entitlement ratio not disclosed in the current filing

Containe Technologies has approved the final terms for its rights issue to raise ₹20.98 Cr by issuing 1,39,88,000 equity shares at ₹15 per share (₹10 face value plus ₹5 premium). The rights entitlement ratio is set at 2:1 (two rights shares for every one share held), with the record date fixed for August 21, 2026. The fundraise is exceptionally large for the company, representing ~131% of its current market capitalization of ₹16 Cr and ~54% of TTM revenue (₹39 Cr). The issue is scheduled to open on August 31, 2026, and close on September 25, 2026.

• Rights issue size fixed at ₹2098.20 Lakhs (₹20.98 Cr) for 1,39,88,000 shares.
• Issue price set at ₹15 per share, offered at a discount to the current market price of ₹25.
• Rights entitlement ratio approved at 2:1 (2 shares for every 1 share held).
• Key dates: Record date is August 21, 2026; issue opens August 31, 2026 and closes September 25, 2026.