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Ethos Limited has announced a board meeting to consider a Rights Issue of up to ₹410 Cr, mainly to fund ₹310 Cr of working capital over three years and general corporate purposes. The company runs 73 luxury watch boutiques in 26 cities and a leading omni-channel platform. Promoters plan to fully subscribe. FY25 consolidated revenue stands at ₹1251 Cr with PAT of ₹96 Cr and ROE around 10%, reflecting stable profitability amid expansion plans.