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    ALPHA TRIBE

    Patel Engineering Limited — Important, 02-12-2025: Updates

    02-12-2025 | 12:13 pm

    Patel Engineering has announced a Rights Issue of 14.78 Cr shares at ₹27 each, aiming to raise ~₹398.97 Cr. This will cut debt (~₹254 Cr) & fuel growth (~₹94.97 Cr), strengthening financials. H1 FY26 income was ~₹2,441.91 Cr with ~₹144.76 Cr profit, backed by a ~₹15,146 Cr order book.

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