GS Auto Sets May 22 Record Date for Rights Issue

The Rights Issue Committee of GS Auto International , at its meeting held on May 18, 2026, approved the terms and conditions of a proposed rights issue of partly paid-up equity shares. This development follows the Board of Directors' earlier approval on March 30, 2026, and the 'In-Principle Approval' received from BSE Limited. The committee has fixed Friday, May 22, 2026, as the record date for determining eligible equity shareholders entitled to receive rights entitlements.

Key Terms of the Rights Issue

The Rights Issue Committee approved the issuance of up to 2,90,29,160 (Two Crore Ninety Lakhs Twenty-Nine Thousand One Hundred Sixty) partly paid-up equity shares of face value ₹5.00 each, at a price of ₹10.00 per share, for an aggregate amount of up to ₹2,902.92 Lakhs (assuming full subscription). The rights entitlement ratio is set at 2:1 — two partly paid rights equity shares for every one existing fully paid-up equity share held as on the record date.

The following table summarises the key parameters of the rights issue:

Parameter: Details Type of Securities: Partly Paid-up Equity Shares of face value ₹5.00 each Type of Issuance: Rights Issue Total Shares Offered: Up to 2,90,29,160 partly paid-up equity shares Issue Price: ₹10.00 per equity share (fully paid-up) Aggregate Issue Size: Up to ₹2,902.92 Lakhs (assuming full subscription) Record Date: Friday, May 22, 2026 Rights Entitlement Ratio: 2:1 (two rights shares per one existing share)

Payment Structure for Rights Equity Shares

The issue price of ₹10.00 per rights equity share is structured as partly paid, with payments split into two tranches. The amount payable on application constitutes 50% of the issue price, while the remaining 50% is payable through one or more additional calls. The breakdown of the payment schedule is as follows:

Amount Payable: Face Value (₹) Premium (₹) Total Amount (₹) On Application: 2.50 2.50 5.00 One or More Additional Calls: 2.50 2.50 5.00

Share Capital Before and After the Issue

The rights issue will have a significant impact on the company's outstanding equity share capital. Prior to the rights issue, the company has 1,45,14,580 (One Crore Forty-Five Lakh Fourteen Thousand Five Hundred Eighty) fully paid-up equity shares of face value ₹5.00 each outstanding. Post the rights issue, assuming full subscription and payment of call monies, the outstanding equity shares are expected to rise to 4,35,43,740 (Four Crore Thirty-Five Lakh Forty-Three Thousand Seven Hundred Forty) equity shares of face value ₹5.00 each.

Dematerialisation and Regulatory Compliance

In accordance with the SEBI master circular, GS Auto International has made necessary arrangements with NSDL and CDSL for the credit of rights entitlements with a separate ISIN in dematerialised form to the demat accounts of eligible equity shareholders against equity shares held as on the record date. The ISIN for such rights entitlements will be intimated in due course. The rights entitlements of eligible equity shareholders as on the record date shall be credited prior to the issue opening date. The disclosure has been made in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

G S Auto International Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The certificate pertains to the quarter ended 31st March, 2026, and was filed on April 10, 2026.

Regulatory Compliance Filing

The company filed the certificate pursuant to Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. The submission was made through a formal communication to BSE Limited's Department of Corporate Relations, referencing the company's scrip code 513059.

Filing Details: Information Quarter Ended: 31st March, 2026 Filing Date: April 10, 2026 Reference Number: GSA: CS: 2026 BSE Scrip Code: 513059 Company CIN: L34300PB1973PLC003301

Registrar Confirmation

Skyline Financial Services Private Limited, serving as the company's Registrar and Share Transfer Agent, provided the compliance certificate dated April 02, 2026. The registrar confirmed adherence to dematerialization requirements for physical share certificates received during the quarter.

The certificate validates two critical compliance aspects:

Securities comprised in the certificates have been listed on the stock exchange where earlier issued securities are listed

Certificates have been mutilated and cancelled after due verification, with the depository name substituted in records as registered owner within 15 days

Corporate Governance

The filing was executed by Jasmine Kaur, Company Secretary & Compliance Officer (ICSI Membership No.: A79557), who digitally signed the submission on April 10, 2026. The communication was copied to both National Securities Depository Limited and Central Depository Services (India) Limited, ensuring comprehensive regulatory notification.

Depositories Notified: Address NSDL: 3rd Floor, Naman Chamber, Bandra Kurla Complex, Mumbai-400051 CDSL: Marathon Futurex, 25th Floor, Lower Parel (East), Mumbai-400013

This quarterly filing demonstrates the company's commitment to maintaining regulatory compliance and transparent corporate governance practices in accordance with SEBI guidelines for depositories and participants.

We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.

Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.

As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation.

We plan to change that - a technology-led and artificial intelligence enabled platform built for super traders and long term investors.

Disclaimer:

The data and information provided on this website is for general informational and research purposes only. While we strive to ensure that the content is accurate, up-to-date, and reliable, this platform utilizes artificial intelligence (AI) tools to generate, curate, and summarize information. As such, the content may occasionally contain errors, omissions, or outdated information. All users are therefore advised to cross verify the source of the data and information.

This website does not constitute professional, legal, financial, medical, or any other form of licensed advice. Users are encouraged to independently verify any information before relying on it, especially for decisions that may have legal, financial, or personal consequences.

The views, analyses, and summaries presented on this platform may be generated or assisted by AI and do not necessarily reflect the opinions of the website owners, operators, editors, or affiliates.

We make no warranties or representations, express or implied, regarding the completeness, accuracy, reliability, suitability, or availability of the information contained on this website. Any reliance you place on such information is strictly at your own risk.

This website may include links to third-party sources or content. We do not control or endorse the nature, accuracy, or availability of those external sites and are not responsible for any content or damages arising from their use.

By using this website, you acknowledge and agree that the use of AI-generated content involves inherent limitations, uncertainties and inaccuracies, and you accept full responsibility for how you interpret and use the information provided.

We reserve the right to modify, update, or remove content and this disclaimer at any time without prior notice.