Jainex Aamcol Ltd — Important, 26-11-2025: Company Update
26-11-2025 | 05:43 pm
26-11-2025 | 05:43 pm
Jainex Aamcol has announced a Rights Issue of up to 7.48 lakh equity shares at ₹120 each, totaling ₹8.98 Cr. The issue offers 1 new share for every 2 existing shares. Funds will partially finance an expansion program (₹2.50 Cr) and repay unsecured (₹4.00 Cr) and secured (₹2.13 Cr) loans. The issue opens December 01 and closes December 09. Promoters will fully subscribe. The company, a manufacturer of gear cutting tools for the auto industry, reported a net profit of ₹0.45 Cr on an income of ₹6.51 Cr for the recent quarter. Investors should note the shares are under BSE's GSM Stage-1.
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