Onesource Industries and Ventures rights issue up to Rs 52,45,00,000 approved

• Type of issue: Rights Issue of equity shares (Annexure I, Sr. No. 01 and 02)
• Instrument: Equity shares having face value of ₹ 1/- (Rupee One Only) per share (board's outcome letter, point 1)
• Total issue size (cap): Aggregate amount not exceeding Rs. 52,45,00,000/- (Rupees Fifty two Crore forty five Lacs Only) (board's outcome letter, point 1; Annexure I, Sr. No. 03)
• Mode: Rights issue basis to eligible equity shareholders of the Company (board's outcome letter, point 1)
• Record date: To be notified subsequently (board's outcome letter, point 1)
• Issue price: To be decided by the Board of Directors (board's outcome letter, follow‑on paragraph)
• Rights entitlement ratio: To be decided by the Board of Directors (board's outcome letter, follow‑on paragraph)
• Timing and terms of payment: To be decided by the Board of Directors (board's outcome letter, follow‑on paragraph)

The board has considered and approved raising funds through the issuance and allotment of equity shares on a rights issue basis for an aggregate amount not exceeding Rs. 52,45,00,000/-. As stated in point 1 of the board's outcome letter, the offer will be made "to the eligible equity shareholders of the Company, as on the record date (to be notified subsequently)".

This means that only shareholders whose names appear on the company’s register of members as on the record date, once it is announced, will be eligible to receive rights entitlements. The filing specifies that the record date, issue price, rights entitlement ratio, timing of the rights issue and terms of payment are yet to be determined and will be decided by the Board of Directors.

The company has also stated that the rights issue is "subject to the receipt of applicable regulatory, statutory approvals" and will be carried out in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the Companies Act, 2013 and the rules made thereunder, as amended from time to time (board's outcome letter, point 1).

Annexure I to the filing, titled "Issue of Equity Shares of the Company on Rights Issue basis", reiterates that the "Total Amount not exceeding Rs. 52,45,00,000/-" is proposed to be raised and confirms that the type of securities is Equity Shares and the type of issuance is Rights Issue.

In addition to approving the rights issue, the board has constituted a Rights Issue Committee with effect from 10th September, 2026 (board's outcome letter, point 2). The table in the main outcome letter lists the members as follows:

• Ms. Simran Mishra (DIN 11918171), Managing Director – Chairman
• Mr. Sachin Maurya (DIN 05295874), Non-Executive Director – Member
• Mr. Himanshu Suryakantbhai Soni (DIN 11780618), Independent Director – Member
• Mr. Ritik Wagh (DIN 10768388), Independent Director – Member

The committee is expected to oversee and implement matters related to the rights issue, including the detailed terms once finalised.

The same board meeting also:

• Considered, approved and executed a work order related to "Design, Development, Deployment and Support of an Integrated Digital Marketplace for Agricultural Produce", with details provided in Annexure II.
• Approved incorporation of a foreign subsidiary named M/s Onesource Industries & Ventures LLC and authorised a director to act thereon (board's outcome letter, point 4).
• Noted that the trading window for dealing in the company’s equity shares by designated persons and their immediate relatives "shall remain closed with effect from today and shall remain closed till 48 hours after the outcome of the Board Meeting" (board's outcome letter).

The meeting commenced at 06.30 PM and concluded around 07.45 PM, as recorded in the outcome letter.

At this stage, there is no announced record date, ex-date, issue price or rights ratio. Retail investors tracking this rights issue will need to watch for a subsequent announcement from Onesource Industries and Ventures Limited specifying these details.