- September 2, 2026
- Posted by: Tresmark
- Category:
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Oilboy Energy Limited has announced a rights issue of 100 million shares, aiming to raise up to Rs10 billion.
According to the company’s Right Share Offer Document, the rights issue represents 200% of Oilboy Energy Limited’s existing paid-up capital. The shares will be offered at Rs100 per share, including a premium of Rs99 per share.
Eligible shareholders will be entitled to 20 rights shares for every 10 shares held, according to the announced ratio.
