StockWatch
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Healthcare Service Provider
Rights Issue12 Sept 2026, 04:50 pm

Aspira Pathlab to Raise Up to ₹65 Cr Via Rights Issue

AI Summary

Aspira Pathlab & Diagnostics Ltd announced that its Board of Directors, in a meeting held on September 12, 2026, approved a proposal to raise funds not exceeding ₹65 crore through a Rights Issue. The issue will be offered to eligible equity shareholders as of a to-be-notified record date. The rights issue may involve equity or other convertible instruments. A dedicated Rights Issue Committee has been constituted to manage the process, including setting the issue price, entitlement ratio, and appointing intermediaries. The meeting concluded within 30 minutes.

Key Highlights

  • Board approves fundraising of up to ₹65 crore.
  • Fundraising to be conducted via a Rights Issue.
  • A Rights Issue Committee has been formed.
  • Issue may involve equity or convertible instruments.