Astec Lifesciences Rights Issue dates 14 – 28 July 2025.
Astec Lifesciences is a B2B company engaged in the manufacturing of agrochemical active ingredients (technical), bulk and formulated products, and chemical intermediates. It markets its products domestically across India and exports to approximately 24 countries. Astec is also involved in custom synthesis projects for clients based in Europe, Japan, and the United States.
A subsidiary of Godrej Agrovet, the company offers a broad portfolio of agrochemical solutions, including fungicides, insecticides, herbicides, and a wide array of chemical compounds. Its product range includes triazole fungicides, heterocyclic and sulfonylurea herbicides, synthetic pyrethroids, fluorinated compounds, halides, ketones, ethers, alcohols, and other specialized intermediates.
Astec operates four manufacturing facilities, including a newly commissioned greenfield herbicide plant. The company is also committed to sustainability, actively working toward achieving Zero Liquid Discharge (ZLD) across its operations to meet stringent environmental compliance standards.
Promoters of Astec Lifesciences – Godrej Agrovet Limited and Ashok Vishwanath Hiremath
Table of Contents
Astec Lifesciences Rights Issue Details
| Astec Lifesciences Rights Issue Date | 14 – 28 July 2025 |
| Astec Lifesciences Rights Issue Price | INR 890 per share |
| Issue Size (in Shares) | 28,01,673 shares |
| Issue Size (in INR) | INR 249.35 crore |
| Issue Entitlement | 1 equity share for every 7 equity shares held on the record date |
| Terms of Payment | Fully payable at the time of application |
| Astec Lifesciences Rights Issue Record Date | 4 July 2025 |
| Face Value | INR 10 per share |
| Listing On | BSE, NSE |
Astec Lifesciences Rights Issue Calculation
| Astec Lifesciences Rights Issue Price | INR 890 per share |
| Market Price on Rights Issue Approval | INR 925.55 per share |
| Dilution Factor (X) | 1.14 |
| Fair Value After Dilution at Prevailing Price | INR 921.11 per share |
Astec Lifesciences Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 628 | 458 | 381 |
| Expenses | 551 | 464 | 448 |
| OPM (%) | 12.0 | (1.0) | (17.0) |
| Net Income | 26.0 | (47.0) | (135.0) |
| ROCE (%) | 8.0 | (4.0) | (13.0) |
Astec Lifesciences Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Prepayment, repayment, and/or redemption of all, or a portion of, certain outstanding borrowings availed by the company – INR 247 crore
- General corporate purposes
Astec Lifesciences Rights Offer Documents
- Astec Lifesciences Rights Issue Application Form
- Astec Lifesciences Letter of Offer
- Board Meeting Outcome
- Astec Lifesciences Draft Letter of Offer
- Rights Issue in 2024
Astec Lifesciences Rights Issue Dates
| Rights Issue Approval Date | 30 June 2025 |
| Rights Issue Record Date | 4 July 2025 |
| Credit of Rights Entitlement | 7 July 2025 |
| Rights Issue Opening Date | 14 July 2025 |
| Last Date for Market Renunciation | 22 July 2025 |
| Rights Issue Closing Date | 28 July 2025 |
| Finalization of Basis of Allotment | 29 July 2025 |
| Rights Allotment Date | 29 July 2025 |
| Credit Date | 30 July 2025 |
| Listing Date | 31 July 2025 |
Astec Lifesciences Rights Offer Registrar
MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.in.mpms.mufg.com
Astec Lifesciences Contact Details
ASTEC LIFESCIENCES LIMITED
Godrej One, 3rd Floor, Pirojshanagar,
Eastern Express Highway, Vikhroli (East),
Mumbai 400 079 Maharashtra, India
Phone: +91 22 2518 8010
Email: [email protected]
Website: www.godrejastec.com
Astec Lifesciences Rights Offer FAQs
What is the Astec Lifesciences Rights Issue Price?
The issue price is INR 890 per share.
What is the Astec Lifesciences Rights Issue entitlement ratio?
The eligible shareholders are offered 1 equity share for every 7 equity shares held on the record date.
What is the Astec Lifesciences Rights Issue Record Date?
The Record date is 4 July 2025.
How to Apply in the Astec Lifesciences Rights Offer?
The best way to apply in the Astec Lifesciences Rights Offer is through Internet banking ASBA. You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an application form and deposit the same with your broker.