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HRH Next Services LimitedQIP/Rights/Pref., 12-02-2025: Rights Issue

12-02-2025 | 05:36 pm

HRH Next Services Limited's Board has approved an increase in its Authorized Share Capital from Rs. 16 Cr to Rs. 25 Cr, paving the way for a subsequent amendment to the Memorandum of Association. Additionally, the company plans to raise up to Rs. 50 Cr through a Rights Issue of equity shares at a face value of Rs. 10 each. Eligible shareholders will be notified of the Record Date and further details. The Board also appointed a scrutinizer for a postal ballot to obtain shareholder consent for the capital increase and reappointed an external member to its Internal Complaints Committee.

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