Containe Tech Board Approves ₹21 Cr Rights Issue

Containe Technologies Ltd's Board of Directors, at its meeting on July 1, 2026, approved a proposal to raise funds through a rights issue. The company plans to issue equity shares of face value ₹10/- each, aiming to raise an amount not exceeding ₹2,100 Lakhs (₹21 Crores). This rights issue will be offered to eligible equity shareholders as on a record date to be determined later. The detailed terms, including issue price, rights entitlement ratio, record date, and payment schedule, will be finalized in due course by the Board. The issuance is subject to necessary statutory and regulatory approvals, including those under SEBI (ICDR) Regulations, 2018.