
Rights Issue1 Jul 2026, 06:50 pm
Containe Technologies Plans ₹210 Cr Rights Issue
AI Summary
Containe Technologies Ltd announced that its Board of Directors has approved a rights issue to raise up to ₹2,100 Lakhs (₹210 Crores). The funds will be raised through the issuance of equity shares of face value ₹10 each to eligible shareholders. The detailed terms of the issue, including the issue price and rights entitlement ratio, will be determined and announced later. This move is subject to necessary statutory and regulatory approvals, including those under SEBI (Issuer of Capital and Disclosure Requirements) Regulations, 2018. The board meeting where this was decided commenced at 5:30 PM and concluded at 6:30 PM on July 01, 2026.
Key Highlights
- Board approved rights issue to raise up to ₹210 Crores.
- Funds to be raised via issuance of equity shares.
- Detailed terms to be decided and announced later.
- Subject to statutory and regulatory approvals.
Price Impact
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