Ashnisha Industries Ltd — Important, 06-09-2025: Company Update
06-09-2025 | 02:34 pm
06-09-2025 | 02:34 pm
Ashnisha Industries announced that its Board approved a plan to raise up to Rs 50 Cr by issuing equity shares through a Rights Issue. This move aims to strengthen the company's financial base. A Rights Issue Committee has been formed to finalize critical details such as the record date, issue price, and entitlement ratio. The company will also proceed with filing the Draft Letter of Offer for regulatory approval. This capital raise allows eligible shareholders to participate, providing funds for future business growth and operational needs.
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