Onesource Industries And Ventures Ltd — Dividend/Bonus, 07-04-2025: Intimation of fixing of record date for proposed Rights issue under regulation 42 of SEBI (LODR) Regulations, 2015

Onesource Industries and Ventures Limited has announced a board meeting regarding a proposed Rights Issue of Equity Shares. The company plans to issue up to 48.89 crore fully paid-up shares at a price of Re. 1 per share, aiming to raise a total of approximately Rs. 48.89 crore, assuming full subscription. The record date for determining eligible shareholders is set for April 15, 2025. The rights issue will open on April 30, 2025, and close on May 21, 2025.

This capital raise could strengthen the company's financial position, providing necessary funds for growth. However, investors should consider the potential dilution of shares and the company's ability to achieve full subscription. Overall, this development presents a mixed sentiment, balancing capital-raising opportunities against share dilution risks.