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Thangamayil Jewellery Limited has announced a board meeting on February 5, 2025, where they approved a rights issue. The company plans to raise up to Rs. 510 crore through the issuance of 36,42,857 equity shares at a price of Rs. 1,400 per share. The entitlement ratio is set at 2 shares for every 15 shares held, with the record date on February 11, 2025. The rights issue will open on February 21, 2025, and close on March 4, 2025. Eligible shareholders will also have the option to apply for additional shares, enhancing their potential stake.