Alpha Tribe

Jyoti Structures LimitedImportant, 18-03-2025: General Updates

18-03-2025 · 03:57 pm

The Rights Issue Committee has approved the allotment of 28,73,08,884 fully paid-up equity shares at ₹16 per share, including a premium of ₹14, following the previously announced rights issue aimed at raising ₹49,908.79 Cr. This successful allotment will increase the company's paid-up equity capital from ₹1,80,22,61,840 to ₹237,68,79,608. The company’s total equity shares have risen from 90,11,30,920 to 118,84,39,804, potentially enhancing its capital structure and financial stability. This development positions the company for future growth opportunities, making it a noteworthy event for investors to monitor closely.

No comments yet. Be the first to comment!

All announcements from Jyoti Structures Limited