ALPHA TRIBE

Indsoya LtdImportant, 15-08-2025: Company Update

15-08-2025 | 05:37 pm

Apollo Ingredients has successfully completed its Rights Issue, raising approximately Rs. 5 crore. The company allotted 1 crore fully paid-up equity shares at Rs. 5 each, offered to existing shareholders in a 25:1 ratio. The issue was significantly oversubscribed by 104.95% based on valid applications, indicating strong investor confidence. Shares have been credited to demat accounts and are expected to commence trading shortly. This capital raise strengthens the company's financial position and is set to support future growth initiatives.

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