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Rights Issue4 May 2026, 04:41 pm

Deep Health AI to Raise ₹25 Cr via Rights Issue

AI Summary

Deep Health AI India Ltd's board approved raising funds up to ₹25 crores through a rights issue of fully paid-up equity shares to existing shareholders. A Rights Issue Committee has been formed to decide on the terms, including issue size, ratio, price, and record date. The board also approved the Draft Letter of Offer and authorized the application for in-principal approval for the rights issue.

Key Highlights

  • Deep Health AI to raise up to ₹25 Cr via rights issue.
  • Rights Issue Committee formed to finalize issue terms.
  • Board approved Draft Letter of Offer for the rights issue.
  • Company will seek regulatory approvals for the issue.