Remedium Lifecare Ltd — Board Meeting, 07-04-2025: Outcome of Board Meeting held on April 07, 2025 for 1)Considering approving and fixing Tuesday, 15 April, 2025 as the ''Record Date'' for the purpose of determining the equity shareholders ....

Remedium Lifecare Ltd. has announced a board meeting outcome confirming a Rights Issue, setting Tuesday, April 15, 2025, as the record date for equity shareholders entitled to participate. The company will issue 49,19,04,000 fully paid-up equity shares at an issue price of Re. 1 each, totaling Rs. 4919.04 Cr, with a right entitlement of 61 shares for every 50 held. This initiative is aimed at enhancing financial stability and shareholder engagement. For investors, this could signal a positive outlook by potentially increasing liquidity and shareholder value, although it may also introduce short-term dilution risks.