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Shree Tirupati Balajee FIBC Ltd. has approved the Draft Letter of Offer for a rights issue to raise up to ₹26.34 Cr through fully paid-up equity shares. This fundraise, offered to existing shareholders at a price and ratio to be decided, is intended to support the company’s growth plans while allowing shareholders to increase their stake. The company will seek in-principle approval from the National Stock Exchange before moving forward.