
Rights Issue24 Jun 2026, 08:00 pm
Containe Technologies Plans ₹210 Cr Rights Issue
AI Summary
Containe Technologies Ltd announced today, June 24, 2026, 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 rights issue, including the issue price, record date, and entitlement ratio, will be determined and notified subsequently, subject to necessary statutory and regulatory approvals. The Board meeting to consider and approve this fundraising initiative commenced at 6:30 PM and concluded at 7:30 PM.
Key Highlights
- Board approved a rights issue to raise up to ₹210 Crores.
- Funds will be raised via issuance of equity shares.
- Details like issue price and record date to be announced later.
- Subject to statutory and regulatory approvals.
Price Impact
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