Yamini Investments Company Ltd — Board Meeting, 07-05-2025: Board Meeting

Yamini Investments has announced a board meeting on which the Rights Issue Committee approved a rights issue of fully paid-up equity shares worth up to Rs. 49 Cr. The company will issue 39.42 crore shares at Rs. 1.20 each (including Rs. 0.20 premium), offering 3 shares for every 4 held by existing shareholders. If fully subscribed, the equity base will increase to 92 crore shares from 52.57 crore. The issue price is payable at the time of application, with the rights issue opening on May 27 and closing on June 23, 2025. This move aims to raise capital and strengthen the company's financial position.