- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
The company has announced a board meeting to consider and approve the financial results for the quarter and half-year. It also announced a Rights Issue of fully paid-up equity shares to eligible shareholders. The shares will be offered at Rs. 25 each, which includes a premium of Rs. 24. The issue ratio is 17 new shares for every 100 shares held. The total issue size is Rs. 750 Cr. Funds raised will support working capital, repay borrowings, and cover general corporate needs. This aims to strengthen the company's financial position.