Ethos completes allotment of equity shares via rights issue

Ethos Limited announced the completion of its rights issue, allotting 22,77,250 fully paid-up equity shares with a face value of INR10 each. The allotment was finalized in consultation with the Registrar to the Issue and approved by the National Stock Exchange of India Limited. These shares were offered to eligible shareholders and renouncees at an issue price of INR1,800 per share, which includes a premium of INR1,790 per share. Following this allotment, the company's paid-up equity share capital has increased to INR26,75,76,930. The pre-rights issue paid-up share capital was INR24,48,04,430, represented by 2,44,80,443 equity shares.