Antarctica Limited Approves ₹69 Crore Rights Issue Proposal

Mumbai, May 15: Antarctica Limited approved a proposal to raise up to ₹69 crore through a rights issue of equity shares, according to a regulatory filing submitted to the stock exchanges.

The company’s board, in its meeting on Thursday, approved the issuance and allotment of equity shares with a face value of ₹1 each on a rights basis to eligible shareholders. The pricing, entitlement ratio and record date for the issue will be decided subsequently by the board or the Rights Issue Committee.

As per the exchange disclosure, the board also approved the draft letter of offer and related documentation for filing with the National Stock Exchange of India Limited.

The company further constituted a Rights Issue Committee comprising Arvan Arvindbhai Prajapati as Chairman, Nitinbhai Babubhai Karan as Member and Sarikaben Sanketkumar Ladani as Member.

In a related development, the board approved an increase in the authorised share capital of the company from ₹67 crore to ₹87 crore, subject to shareholder approval. The company also approved the draft postal ballot notice for obtaining member approval for the capital increase.

Stock Market Snapshot

Antarctica Ltd share price traded higher on Friday following the company’s fundraising announcement.

As of 9:24 AM IST on May 15, 2026, the stock was trading at ₹0.82 on the National Stock Exchange, up 3.80% from the previous close of ₹0.79, according to exchange data.

The Antarctica share price touched of ₹0.83 and a low of ₹0.79 during the session so far. Investor sentiment appeared supported by the company’s proposed capital raising exercise and authorised capital expansion.

The company’s market stood at approximately ₹12.71 crore based on exchange data.

Company Background

Antarctica Limited operates in the printing and packaging segment and is listed on the National Stock Exchange under the symbol ANTGRAPHIC.

The company undertakes commercial printing and packaging-related activities and periodically accesses capital markets for funding and operational requirements.

Rights issues enable listed entities to raise fresh equity capital from existing shareholders while preserving proportional ownership rights.

Conclusion

The proposed ₹69 crore rights issue represents a significant fundraising initiative relative to Antarctica Limited’s current market capitalisation.

The increase in authorised capital and constitution of a dedicated Rights Issue Committee indicate the company has initiated formal execution steps for the proposed equity issuance. The stock traded higher following the disclosure as investors reacted to the fundraising announcement.

Source:

• https://www.nseindia.com/get-quote/equity/ANTGRAPHIC/Antarctica-Limited
• https://nsearchives.nseindia.com/corporate/ANTGRAPHIC_14052026171205_Board_Meeting_Outcome.pdf