ALPHA TRIBE

Franklin Industries LtdBoard Meeting, 26-05-2025: Board Meeting

26-05-2025 | 01:19 pm

Franklin Industries has announced a board meeting of its Rights Issue Committee to finalize the terms of a rights issue up to ₹39 Cr. The committee will decide on the issue price, size, entitlement ratio, record date, and timing. This rights issue aims to raise funds by offering fully paid equity shares to existing shareholders. The company’s trading window remains closed until the meeting date, reflecting standard insider trading compliance. This fundraise could support business growth or debt management, important for shareholders to track.

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