Investment24 Apr 2026, 04:04 pm
Dharni Capital Invests ₹15.28 Cr in Dhanayu Finance Rights Issue
AI Summary
Dharni Capital Services Ltd has approved a further investment of ₹15.28 Cr in the equity shares of its associate company, Dhanayu Finance Private Limited, through a rights issue. The investment involves subscribing to 1,52,77,500 equity shares with a face value of ₹10 each. This decision was made during a Board of Directors meeting held on April 24, 2026. The investment aims to support Dhanayu Finance's working capital needs and business expansion.
Key Highlights
- Dharni Capital to invest ₹15.28 Cr in Dhanayu Finance via rights issue.
- Investment involves 1,52,77,500 equity shares at ₹10 each.
- Post-acquisition, shareholding will increase to the same percentage if all shareholders accept the rights issue.
- Dhanayu Finance requires capital for working capital and expansion.
- The transaction is a related party transaction done on an arm's length basis.
Price Impact
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