Viceroy Hotels Rights Issue 2026: Dates, Price, Ratio

What Viceroy Hotels has announced

Viceroy Hotels Limited (NSE: VHLTD, BSE: 523796) has announced a rights issue of equity shares, giving existing shareholders an opportunity to subscribe to additional shares based on their holdings. The company has fixed the rights issue price at ₹115 per equity share for fully paid-up shares with a face value of ₹10 each. The entitlement has been set at 6 rights equity shares for every 7 fully paid-up equity shares held as on the record date.

The disclosure includes the issue schedule, entitlement details, and the channels through which investors can apply. The company has also indicated that the Letter of Offer dated August 14, 2026 has been approved for filing with stock exchanges and is available on the company’s website.

Key dates investors should track

The record date determines which shareholders are eligible to receive rights entitlements. Viceroy Hotels has set August 20, 2026 as the record date. The last date to buy shares, as disclosed in the details provided, is August 19, 2026.

The rights issue opens on September 3, 2026 and closes on September 11, 2026. The renunciation period, during which rights can be renounced, starts on September 3, 2026 and ends on September 7, 2026.

A “deemed date of allotment” is mentioned as 2026 in the provided information, without a specific day.

Issue size, price, and share count

The rights issue comprises 92,03,008 equity shares (also described as 0.9203 crore shares, or about 9.20 million shares). The issue price is ₹115 per share, which includes a premium of ₹105 per share over the face value of ₹10.

The raise is stated as approximately ₹105.83 crore, and also expressed as ₹10,583.46 lakhs (which equals ₹105.8346 crore). Some parts of the provided text also refer to an aggregate amount not exceeding ₹1,058.35 crore. This figure appears in the source alongside the same share count and price, so readers should rely on the official Letter of Offer and stock exchange filings for the final number as disclosed.

If fully subscribed, outstanding shares are stated to increase from 6,75,78,948 to 7,67,81,956.

Entitlement ratio and how it works

The entitlement ratio is 6:7, meaning shareholders receive 6 rights shares for every 7 equity shares held on the record date. Fractional entitlements are stated to be ignored. The disclosure also notes that shareholders affected by fractional entitlements receive preferential consideration for one additional share.

It is also stated that holders of fewer than 7 shares will have no rights entitlement. However, they may apply for additional shares if available, and such applications are described as non-renounceable in the provided details.

Rights entitlement and listing details

The rights entitlement ISIN is disclosed as INE048C20025. The equity shares are indicated to be listed on BSE and NSE.

The information also references that the Letter of Offer for the Viceroy Hotels Rights Issue (August 2026) can be downloaded via the company’s link.

How to apply: channels mentioned

The disclosure lists two application routes for the rights issue:

• Net Banking (ASBA)
• Registrar’s Website (R-WAP Facility)

Investors typically need to ensure they act within the issue window and follow the application process specified in the Letter of Offer.

Timeline: approvals and committee decision

The Rights Issue Committee meeting held on August 14, 2026 determined the issue price of ₹115 per share and set the record date as August 20, 2026. The Letter of Offer is dated August 14, 2026 and is stated to be approved for filing with both stock exchanges.

Separately, the provided text also mentions an earlier postponement of a Rights Issue Committee meeting scheduled for July 3, 2026 due to pending in-principle approvals from stock exchanges. In that context, the company was awaiting regulatory clearance for its Draft Letter of Offer for a proposed fundraise of up to ₹107 crore through a rights issue, with eligibility excluding the Promoter and Promoter group.

Company contact details (as disclosed)

Viceroy Hotels Ltd. Regd. Off: 8-2-120/112/88 & 89, Aparna Crest, 3rd Floor, Road No. 2, Banjara Hills, Hyderabad, 500034 Phone: 04040204383 Email: secretarial@viceroyhotels.in

Summary table: Viceroy Hotels Rights Issue 2026

Market impact: what the disclosure changes for shareholders

For existing shareholders, the key practical impact is the eligibility cut-off tied to the record date and the entitlement ratio of 6 shares for every 7 held. Shareholders who want to receive rights entitlements must hold the shares by the stated last date to buy, August 19, 2026, so that they are on the company’s register as of August 20, 2026.

The disclosure also lays out the renunciation window from September 3 to September 7, 2026, which is relevant for shareholders who may wish to renounce their rights during that period. For investors monitoring dilution, the company has stated that outstanding shares would rise from 6,75,78,948 to 7,67,81,956 if the issue is fully subscribed.

Why the details matter: pricing, dilution, and process

The issue price of ₹115, including a ₹105 premium, is central to evaluating participation and the implied fundraising quantum. The stated issue size appears in multiple forms across the provided information (₹105.83 crore and ₹10,583.46 lakhs, and separately a mention of ₹1,058.35 crore). Investors typically reconcile such differences by referring to the final exchange filings and the Letter of Offer.

Operationally, the application routes listed (ASBA and R-WAP) indicate the company’s chosen subscription methods. The mention of fractional entitlements being ignored, along with preferential consideration for one additional share for impacted holders, also affects how some small holdings translate into actual subscription eligibility.

Conclusion

Viceroy Hotels’ rights issue is scheduled to open on September 3, 2026 and close on September 11, 2026, with a record date of August 20, 2026 and an entitlement ratio of 6:7 at an issue price of ₹115 per share. The Letter of Offer dated August 14, 2026 is stated to be available on the company’s website, and investors can use it to confirm final terms, application steps, and issue-specific disclosures.