Galactico Corporate Services Limited has announced a rights issue of 3,42,72,605 equity shares aggregating up to ₹6.60 crores. The rights issue opens for subscription on February 11, 2026, and closes on February 23, 2026.
Anyone who holds shares of Galactico Corporate Services Limited as of January 31, 2026 (record date) will be eligible to receive Rights Entitlements (REs). These REs will be credited in demat form prior to the issue opening date and will be temporarily traded on the stock exchanges before being extinguished. You can either use the REs to apply for the rights shares of the company, or you can sell them in the market.
You can check the announcement from the company here.
You will be eligible to receive Rights Entitlements (REs) if you’ve bought the shares on or before January 30, 2026. The ex-date is January 31, 2026.
Rights issue details
| Issue Period | February 11, 2026 – February 23, 2026 |
|---|---|
| RE Trading Period | February 11, 2026 – February 17, 2026 |
| RE Symbol | GALACT-RE |
| Issue Price | Rs. 1.75 per share |
| Ratio | 23:100 |
| EX-date | January 31, 2026 |
| Record Date | January 31, 2026 |
| Tentative Date of Allotment for Rights Shares | February 24, 2026 |
| Tentative Date of Credit of Rights Shares | February 25, 2026 |
| Tentative Date of Listing for Rights Shares | February 26, 2026 |
How to apply for Galactico Corporate Services Limited Rights Issue?
Once you either receive the REs from the company or purchase them from the market, you can apply for the rights shares using the methods below;
- Online via Netbanking ASBA
- Offline by submitting the Application Form to the nearest branch of SCSB (Self-Certified Syndicate Bank)
You can check the application process here.
You will need to enter your Demat account’s Beneficiary Owner ID, which is a 16-digit number, while applying for the rights issue.
The entire issue price of ₹1.75 per share (face value ₹1 + premium ₹0.75) is payable at the time of application
What will happen to my purchased holding of RE shares if I do not apply for the rights issue?
Your REs will lapse, and you will lose the premium paid to acquire them. The RE will be in the form of temporary demat securities, which will lapse if not renounced/exercised once the trading window is closed.
I don’t have the shares, but I bought REs. Am I still eligible to apply for the rights issue?
In case you have bought REs but don’t have shares, you’re still eligible for the rights issue. You may apply for the rights shares either through the RTA’s portal or via net banking ASBA if your bank allows it. If you don’t take any action and let the REs remain in your Zerodha account, they will lapse after the issue.
You can read more FAQs on Rights Issue and Rights Entitlements here.