Alfa Transformers Board to consider equity fundraise via rights issue

Alfa Transformers Ltd has announced that its Board of Directors will convene a meeting on April 15, 2026. The primary agenda for this meeting is to consider and approve a proposal for fund-raising through the issuance of equity shares via a rights issue. The Board will also deliberate on constituting a committee to oversee all aspects of the fund-raise, including determining the pricing, terms, issue size, and other conditions, in accordance with SEBI regulations. This move suggests the company is looking to bolster its capital base.