StockWatch
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Industrial Products
Rights Issue29 Sept 2026, 02:03 pm

Containe Technologies Allots 84.05 Lakh Shares in Rights Issue

AI Summary

Containe Technologies Ltd has announced the allotment of 84,05,000 fully paid-up equity shares at an issue price of ₹1 per share, pursuant to its recently concluded Rights Issue. This allotment, approved by the Board of Directors on September 28, 2026, increases the company's paid-up equity share capital from ₹6,99,40,000 to ₹15,39,90,000. The Rights Issue aimed to raise funds by offering up to 1,39,88,000 equity shares. The Basis of Allotment was finalized in consultation with Cameo Corporate Services Limited and BSE Limited.

Key Highlights

  • 84,05,000 equity shares allotted under Rights Issue.
  • Issue price fixed at ₹1 per equity share.
  • Paid-up capital increased by ₹8,40,50,000.
  • Board approved allotment on September 28, 2026.