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- Important
- Financial Update
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Valiant Laboratories has announced a board meeting to approve a Rights Issue to raise up to Rs. 81.47 Cr through the issuance of fully paid equity shares, targeting existing shareholders. A specially formed Rights Issue Committee will finalize issue details including price and record date. Additionally, Mr. Akshay Gangurde has been appointed as Company Secretary and Compliance Officer, bringing over three years of experience in corporate governance and compliance. This strategic capital raise and leadership addition indicate the company’s focus on governance and growth.