Arunis Abode Ltd — Important, 23-08-2025: Company Update

Arunis Abode has announced a Rights Issue, offering 4.80 crore new shares at ₹12.60 each, aiming to raise 60.48 Cr. Shareholders can acquire 16 Rights Equity Shares for every 1 held. Funds are earmarked for strategic expansion: acquiring 100% of Prasad Earth Movers (49.17 Cr) and the business of Kalind Earth Movers (10.50 Cr). This move targets growth in earth-moving equipment and civil works, boosting the customer base and asset portfolio. The company reported revenue of 13.60 Cr and profit of 5.25 Cr for the quarter.