Containe Technologies Approves Rights Issue of ₹2098.2 Lakhs

Containe Technologies Limited's Board of Directors has approved the terms of a Rights Issue aimed at raising up to ₹2,100 Lakhs. The issue will involve the issuance of 1,39,88,000 fully paid-up equity shares at a price of ₹15 per share. This includes a premium of ₹5 per share. The Rights Issue ratio is set at 2 equity shares for every 1 fully paid-up equity share held as of the Record Date, which is August 21, 2026. The issue is scheduled to open on August 31, 2026, and close on September 25, 2026. The company has made arrangements with NSDL and CDSL for the credit of rights entitlements in dematerialised form.