
Rights Issue17 Aug 2026, 07:30 pm
Atal Realtech Plans ₹16 Crore Rights Issue
AI Summary
Atal Realtech Ltd's Board of Directors has approved a fund-raising plan through a rights issue of equity shares, aiming to raise up to ₹16 Crore. The decision was made during a board meeting held on August 17, 2026. The company will offer equity shares of face value ₹2 each to eligible shareholders. The Board also approved the Draft Letter of Offer and will finalize terms such as issue price, entitlement ratio, and record date. This move is subject to regulatory approvals.
Key Highlights
- Board approves rights issue to raise up to ₹16 Crore.
- Equity shares of face value ₹2 each to be issued.
- Draft Letter of Offer has been approved.
- Terms like issue price and record date to be decided.
- Subject to necessary regulatory approvals.
Price Impact
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