ALPHA TRIBE

Ethos LimitedBoard Meeting, 04-07-2025: Outcome of Board Meeting

04-07-2025 | 07:18 pm

Ethos Limited has announced a board meeting outcome approving the allotment of 22.77 lakh equity shares through a rights issue at ₹1,800 per share, raising ₹409.9 Cr. The paid-up equity capital has increased from ₹244.8 Cr to ₹267.6 Cr following this. This capital raise strengthens the company’s equity base, reflecting strong shareholder support. No other operational or strategic updates were announced in this session.

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