{RIGHTS_NAME} Rights Issue Details

Travels & Rentals Ltd Rights Issue Details

Issue Size (Shares)	1,12,02,685	Issue Size (Amount)	-
Issue Price	₹15.00 per share	Face Value	₹10.00 per share
Terms of Payment	The entire Issue Price of Rs 15 per share will be payable at the time of making the Application in the Issue.	Listing At	BSE
Ratio	1:1	Issue Size (₹ Crores)	₹16.80

Travels & Rentals Ltd has announced a Rights Issue comprising 1.12 crore equity shares, aggregating to ₹16.80 crore, offered at an issue price of ₹15 per share, with a face value of ₹10 per share.

The record date for determining eligible shareholders is January 28, 2026, and the Rights Issue is being offered in the entitlement ratio of 1:1, allowing eligible shareholders to apply for one equity share for every equity share held as on the record date.

As per the terms of payment, the entire issue price of ₹15 per share is payable at the time of application.

The Rights Entitlements (REs) are expected to be credited to eligible shareholders’ demat accounts on January 29, 2026. The Rights Issue opened on February 5, 2026, and will close on March 6, 2026, with renunciation of Rights Entitlements permitted up to March 2, 2026.

The deemed date of allotment is March 9, 2026, following which the equity shares are expected to be credited to the respective demat accounts on March 10, 2026, and subsequently listed on the BSE Limited on March 11, 2026. Investors are advised to review the Company’s offer documents for detailed information on terms, risk factors, and application procedures before investing.

Travels & Rentals Ltd Rights Issue Timetable

Last Date to buy shares	Tue, Jan 27, 2026	Record Date	Wed, Jan 28, 2026
Credit of Rights Entitlements	Thu, Jan 29, 2026	Bid/Offer Opens On	Thu, Feb 05, 2026
Renunciation of Rights Entitlements	Mon, Mar 02, 2026	Bid/Offer Closes On	Fri, Mar 06, 2026
Deemed Date of Allotment	Mon, Mar 09, 2026	Credit Date	Tue, Mar 10, 2026
Listing Date	Wed, Mar 11, 2026

Company Financials

Company Financials (Restated)

Period Ended	30 Sep 2025	31 Mar 2025
Total Income	4.65	11.45
Profit After Tax	1.56	3.22
Reserves and Surplus	18.60	17.04

Amount in ₹ Crore

Objects of the Issue

The Company intends to utilize the proceeds of the Rights Issue for the following objects:

Funding Working Capital Requirements
To meet the Company’s day-to-day operational needs, including procurement, payment to suppliers, inventory management, operating expenses, and other routine business requirements, ensuring smooth and efficient operations.

Meeting Issue Expenses
To cover expenses related to the Rights Issue, such as legal and professional fees, regulatory and listing fees, printing, advertising, and other administrative costs associated with the Issue process.

General Corporate Purposes
To support general business activities such as administrative expenses, business development initiatives, operational strengthening, and other corporate requirements, providing flexibility to pursue growth opportunities and strategic objectives.