Faalcon Concepts rights issue: up to Rs 22 Crores approved by board
Board approves equity rights issue of up to Rs 22 Crores; record date, price and ratio to be decided and announced later.
Key takeaways
- Rights Issue of equity shares approved by Faalcon Concepts Limited's board.
- Maximum issue size is up to Rs. 22 Crores (Rupees Twenty Two Crores Only).
- Equity Shares will have a face value of Rs. 10 Each, as per Annexure-I.
- Eligibility: existing shareholders as on record date, to be determined later.
- Issue price, rights entitlement ratio and record date are yet to be decided.
Key terms
- Action
- Rights issue
- Terms
- up to Rs. 22 Crores
- Equity shares of face value Rs. 10 Each
- Number of shares to be decided after in-principle stock exchange approval
Faalcon Concepts Limited has announced that its board of directors has approved a fund-raising plan via a rights issue of equity shares to existing shareholders.
According to the board's outcome letter dated 14th September, 2026, the issue will be made to eligible shareholders as on a record date that will be determined and notified separately.
Key terms (as disclosed so far)
- Type of action: Rights Issue of equity shares
- Maximum issue size: Up to Rs. 22 Crores (Rupees Twenty Two Crores Only)
- Type of security: Equity Shares of the company of face value of Rs. 10 Each (Annexure-I)
- Eligibility: Existing shareholders of the Company as on record date (to be determined)
- Record date: Not yet decided; to be determined and notified subsequently
- Issue price: Not yet determined
- Rights entitlement ratio: Not yet determined
- Number of shares to be issued: To be determined after receiving in-principle approval from the Stock Exchange (Annexure-I)
- Board meeting date: Monday, 14th September, 2026
- Board meeting timing: Commenced at 12:00 p.m. and concluded at 12:20 p.m.
What has been approved
In the intimation under Regulation 30 of SEBI (LODR) Regulations, 2015, the company states that the Board of Directors, at its meeting held on 14th September, 2026, has "considered and approved issue of equity shares by way of Rights Issue to the eligible shareholders of the Company as on the record date (to be determined and notified subsequently), up to the amount of upto Rs. 22 Crores (Rupees Twenty Two Crores Only)".
The rights issue will be carried out in accordance with applicable laws, including the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, and is subject to such regulatory and statutory approvals as may be required under applicable laws.
Terms still to come
The company clarifies in the board's outcome letter that, for the purposes of giving effect to the rights issue, the specific and detailed terms are yet to be fixed. These include:
- Determination of the issue price of the rights equity shares
- The rights entitlement ratio (how many rights shares per existing share)
- The record date for determining eligible shareholders
- The timing of the Rights Issue
- The terms of payment
These will be determined by the Board of Directors (or board members authorised in this regard) and disclosed to the stock exchanges in due course.
Eligibility explained
As per Annexure-I, this is a Right Issue to the existing shareholders of the Company as on record date. That means only those investors who hold shares of Faalcon Concepts Limited in their demat or physical account as on the record date (once announced) will be eligible to receive rights entitlements.
The filing in Annexure-I further notes that the number of equity shares proposed to be issued shall be determined after receiving in-principle approval from the Stock Exchange, and that the total amount for which the equity shares will be issued is up to Rs. 22 Crores (Rupees Twenty Two Crores Only).
The company has also attached the disclosure format required under SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, as Annexure-I to the intimation.
No timetable, ex-date, or detailed schedule for the rights issue has been provided in this filing. Investors will need to track subsequent announcements from Faalcon Concepts Limited for the record date, issue price, ratio and the full rights issue calendar.
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