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Pulsar International Limited has submitted its Draft Letter of Offer for a Rights Issue to raise up to Rs. 36.00 Cr. The Board authorized this issue in a recent meeting, with the proceeds designated for strategic growth initiatives. These include establishing and operating cold storage facilities (Rs. 5.70 Cr), financing contract farming operations (Rs. 7.00 Cr), and meeting incremental working capital needs (Rs. 13.35 Cr). Up to 25% of the gross proceeds are allocated for general corporate purposes. The company's promoter intends to subscribe to their entitlements. An outstanding trade receivables of Rs. 21.27 Cr remains to be recovered. Existing shares are listed on BSE, and new shares will also be listed.