Arunis Abode Ltd — Important, 20-08-2025: Company Update
20-08-2025 | 05:15 pm
20-08-2025 | 05:15 pm
Arunis Abode Limited's board has approved the detailed terms for its Rights Issue. The company plans to issue up to 4.8 crore new equity shares at ₹12.60 each, aiming to raise ₹60.48 Cr. Existing shareholders can subscribe to 16 new shares for every one share they currently hold. This capital raise, if fully subscribed, will significantly increase the company's total outstanding shares from 30 lakh to 5.1 Cr, offering a growth opportunity for eligible shareholders. The issue is scheduled to open in early September, with a record date set for determining eligible shareholders shortly before that.
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