QMS Medical Allied Services Limited — QIP/Rights/Pref., 14-01-2025: Issue of Securities

QMS Medical Allied Services Limited has received in-principle approval from the National Stock Exchange for its proposed Rights Issue of Equity Shares. Details regarding the size, entitlement ratio, issue price, and record date will follow, along with the intended use of proceeds which is expected to enhance shareholder value. This move indicates the company’s commitment to strengthening its capital base, which could positively impact its growth trajectory.