D & H India Rights Issue dates 9 – 17 February 2026.
D & H India, formerly known as D & H Welding Electrodes (India), is an established Indian manufacturer of welding consumables with a legacy spanning over six decades. The company traces its origins to 1962, when it was founded through a technical collaboration with Switzerland, and has since evolved into one of the recognized players in India’s welding industry. D & H India operates with ISO 9001:2015 certification covering all its manufacturing plants under a single certification framework, reflecting standardized processes, quality consistency, and robust quality assurance systems.
The company’s product portfolio is diversified across welding electrodes, submerged arc welding (SAW) wires and fluxes, CO2 welding wires, flux-cored wires, and welding machines. Its products are approved by reputed engineering consultants and certified by leading national and international inspection agencies, enabling penetration across infrastructure, steel, fabrication, and core industrial sectors. Manufacturing capabilities are supported by modern machinery and in-house process control, allowing the company to maintain product reliability and scale production efficiently.
Research and development is a core strategic focus, with continuous investment aimed at improving welding processes, accelerating product development cycles, and enhancing productivity while reducing environmental impact. The R&D framework is closely aligned with customer requirements, emphasizing consistent quality and operational efficiency.
Promoters of D & H India – Analjit Singh, Neelu Analjit Singh, Piya Singh, Veer Singh, Tara Singh Vachani and Max Ventures Investment Holdings Private Limited
Table of Contents
D & H India Rights Issue Details
| D & H India Rights Issue Date | 9 – 17 February |
| D & H India Rights Issue Price | INR 120 per share |
| Issue Size (in Shares) | 20,47,000 shares |
| Issue Size (in INR) | INR 24.56 crore |
| Issue Entitlement | 1 equity shares for every 4 equity shares held on the record date |
| Terms of Payment | Fully payable at the time of application |
| D & H India Rights Issue Record Date | 31 January 2026 |
| Face Value | INR 10 per share |
| Listing On | BSE, NSE |
D & H India Rights Issue Calculation
| D & H India Rights Issue Price | INR 120 per share |
| Market Price on Rights Issue Approval | INR 147.25 per share |
| Dilution Factor (X) | 1.25 |
| Fair Value After Dilution at Prevailing Price | INR 141.80 per share |
D & H India Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 139 | 158 | 209 |
| Expenses | 129 | 148 | 194 |
| Operating Margin (%) | 7 | 6 | 7 |
| Net Income | 4 | 3 | 5 |
| ROCE (%) | 13 | 10 | 13 |
D & H India Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Repayment and/or prepayment, in full or part, of all or a portion of certain borrowings availed by the company – INR 18.56 crore
- General corporate purposes – INR 5.76 crore
D & H India Rights Offer Documents
- D & H India Rights Issue Application Form
- D & H India Letter of Offer
- Board Meeting Outcome
- D & H India Draft Letter of Offer
- Rights Issue in 2024
D & H India Rights Issue Dates
| Rights Issue Approval Date | 27 January 2026 |
| Rights Issue Record Date | 31 January 2026 |
| Credit of Rights Entitlement | Coming soon |
| Rights Issue Opening Date | 9 February 2026 |
| Last Date for Market Renunciation | 12 February 2026 |
| Rights Issue Closing Date | 17 February 2026 |
| Finalization of Basis of Allotment | Coming soon |
| Rights Allotment Date | Coming soon |
| Credit Date | Coming soon |
| Listing Date | Coming soon |
D & H India Rights Offer Registrar
ANKIT CONSULTANCY PRIVATE LIMITED
Plot No. 60, Electronic Complex, Pardeshipura,
Indore, Madhya Pradesh, 452010
Tel: 0731-2551745
E-mail: [email protected]
Website: www.ankitonline.com
D & H India Contact Details
D & H INDIA LTD
A-204, Kailash Esplande, Opp. Shreyas Cinema,
L.B.S. Marg, Ghatkopar (W), Mumbai- 400 086 – Maharashtra
Email: [email protected]
Tel: 022-250-064-41
Website: www.dnhindia.com
D & H India Rights Offer FAQs
What is the D & H India Rights Issue Price?
The issue price is INR 120 per share.
What is the D & H India Rights Issue entitlement ratio?
The eligible shareholders are offered 1 Equity Share for every 4 Equity Shares held on the record date.
What is the D & H India Rights Issue Record Date?
The Record date is 31 January 2026
How to Apply in D & H India Rights Offer?
The best way to apply in D & H India Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.