StockWatch
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Industrial Products
Board Meeting19 Aug 2026, 03:37 pm

Aditya Infotech Board Approves Fund Raise Up To ₹1,500 Cr

AI Summary

Aditya Infotech Ltd's Board of Directors has approved a fund-raising plan of up to ₹1,500 crores. The funds will be raised through the issuance of securities, potentially via public issues, Qualified Institutional Placement (QIP), or a combination thereof. Shareholder and regulatory approvals are required. The company will seek shareholder approval via postal ballot and has constituted a committee to manage the fund-raising process. The board meeting was held on August 19, 2026.

Key Highlights

  • Board approved fund raising up to ₹1,500 crores.
  • Funds to be raised via public issue or QIP.
  • Shareholder and regulatory approvals are pending.
  • A committee will manage the fund-raising process.
  • Postal ballot will be used for shareholder approval.