Indrayani Biotech Ltd — Dividend/Bonus, 09-04-2026: Corp. Action
09-04-2026 | 09:32 pm
09-04-2026 | 09:32 pm
Indrayani Biotech's Rights Issue Committee has approved terms for a Rights Issue, offering 3,25,25,897 partly paid-up equity shares to raise up to ₹49.90 crore. The issue price is ₹15 per fully paid-up share, with an initial payment of ₹3.75 per share on application. Eligible shareholders will receive 5 Rights Equity Shares for every 7 shares they hold. This capital infusion will increase outstanding shares from 4,55,36,256 to 7,80,62,153, subject to full subscription, strengthening the company's financial position for future operations.
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