Arvaya Healthcare Proposes ₹210 Cr Rights Issue

Arvaya Healthcare Limited (formerly Bijoy Hans Limited) announced that its Board of Directors has approved a proposed Rights Issue of partly paid-up equity shares. The issue aims to raise an amount aggregating up to ₹21,000.00 lakhs (₹210 Crore). The Board also approved the Draft Letter of Offer (DLOF) for the issue, which will be submitted to BSE Limited for in-principle approval. Additionally, the Board approved conducting a postal ballot, including remote e-voting, for seeking shareholder approval, appointing NSDL as the e-voting service provider, and CS Chinmay Mohan Lele as the Scrutinizer.