Astec Lifesciences Limited Right Issue

₹249.35 Cr BSE, NSE 14 Jul 2025 – 28 Jul 2025

Closed Ratio: 1 : 7 BSE, NSE
HomeRight Issue › Astec Lifesciences Limited
← Back to List
Issue Price
₹890.00
Face Value
₹10.00
Issue Size (Shares)
2,801,673
Issue Size (₹ Cr.)
₹249.35
📅 Right Issue Timetable
Last Date to Buy SharesThu, Jul 3, 2025
Record DateFri, Jul 4, 2025
Credit of Rights EntitlementsMon, Jul 7, 2025
Bid/Offer Opens OnMon, Jul 14, 2025
Issue Open DateMon, Jul 14, 2025
Renunciation Last DateTue, Jul 22, 2025
Bid/Offer Closes OnMon, Jul 28, 2025
Issue Close DateMon, Jul 28, 2025
Deemed Date of AllotmentTue, Jul 29, 2025
Credit DateTue, Jul 30, 0205
Listing DateFri, Aug 1, 2025
📋 Right Issue Details
Issue Size (Shares)2,801,673
Issue Size (Amount)₹249.35 Cr.
Issue Price₹890.00 per share
Face Value₹10.00 per share
Entitlement Ratio1 : 7
Listing AtBSE, NSE
Terms of PaymentIssue Price of Rs 890/- per share is payable at the time of Application in the Rights Issue.
📊 Company Financials (Restated)
Period Ended2025-03-312024-03-31FY I
Income
EBITDA
Net Worth234.75369.29
Reserves & Surplus215.13349.68

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Prepayment and/ or repayment of all, or a portion of, certain outstanding borrowings availed by the Company
2Repayment in full or redemption of certain commercial papers issued by the Company
3General corporate purposes
🏢 About the Company
Incorporated in 1994, Astec Life Sciences limited manufactures agrochemical active ingredients, formulations, intermediates, and CDMO (Contract Development & Manufacturing) services, including herbicides and fungicides for international clients.

The company subsidiary of Godrej Agrovet (Godrej Industries Group), with Godrej holding ~62–65% stake as of early 2025.
📞 Company Contact
CompanyAstec Lifesciences Limited
AddressGodrej One, 3rd Floor,
Pirojshanagar, Eastern Express Highway,
Vikhroli (East),
Phone91222518801
Emailastecinvestors@godrejastec.com
WebsiteVisit ↗
📝 Registrar
NameMUFG Intime India Pvt.Ltd
Phone022-49186000
Emailasteclifesciences.rights@in.mpms.mufg.com
WebsiteVisit ↗