Onesource Industries And Ventures Ltd — Others, 07-04-2025: Outcome of Rights issue Committee meeting in connection with the proposed Rights issue.

Onesource Industries and Ventures Limited has announced a board meeting concerning a proposed Rights Issue of up to 48.89 crore fully paid-up equity shares at a price of Re. 1 each, aiming to raise up to Rs. 48.89 crore. The Rights Issue entitles existing shareholders to 159 new shares for every 10 shares held, with a record date set for April 15, 2025. The issue will open on April 30, 2025, and close on May 21, 2025, both dates inclusive. This initiative could enhance liquidity and shareholder value if fully subscribed, potentially delivering a positive outlook for investors.