GS Auto International Limited (GSAUTO) has announced a rights issue of 2,90,29,160 equity shares aggregating up to Rs. 29.03 crores. The rights issue opens on Tuesday, June 02, 2026 and closes on Wednesday, June 10, 2026.
Anyone who holds shares of GS Auto International Limited (GSAUTO) as of May 22, 2026 (record date) will be eligible to receive Rights Entitlements (REs). These REs will be temporarily traded on the stock exchanges and will then be 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 May 21, 2026. The ex-date is May 22, 2026.
Rights issue details
| Issue Period | June 02, 2026 - June 10, 2026 |
|---|---|
| RE Trading Period | June 02, 2026 - June 05, 2026 |
| RE Symbol | GSAUTO-RE |
| Issue Price | Rs. 10 per share (Rs. 5.00 on application) |
| Ratio | 2:1 |
| EX-date | May 22, 2026 |
| Record Date | May 22, 2026 |
| Tentative Date of Allotment for Rights Shares | June 11, 2026 |
| Tentative Date of Credit of Rights Shares | June 12, 2026 |
| Tentative Date of Listing for Rights Shares | June 15, 2026 |
How to apply for GS Auto International 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 below methods;
- 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.
This is a partly-paid issue, meaning you only have to make a part payment at the time of application.
| Amount payable per equity share | Face Value | Premium | Total |
|---|---|---|---|
| On Application | 2.50 | 2.50 | 5.00 |
| One or more additional calls, as may be decided by the company | 2.50 | 2.50 | 5.00 |
| Total | 5.00 | 5.00 | 10.00 |
If you continue holding partly-paid shares of GS Auto International Limited. When the company makes a call for the balance payment, you will be liable to pay the balance sum. If you have sold the partly-paid shares, the buyer will be liable to pay the sum.
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 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 .