Rights Issue14 Sept 2026, 12:34 pm
Faalcon Concepts Plans Rights Issue Up To ₹22 Cr
AI Summary
Faalcon Concepts Ltd announced that its Board of Directors has approved a Rights Issue to raise up to ₹22 Crores. The issue will be for equity shares to eligible shareholders as of a determined record date. The specific terms, including issue price and ratio, will be finalized by the Board. This move aims to raise capital in compliance with SEBI regulations.
Key Highlights
- Board approved Rights Issue to raise capital.
- Total fundraising target is up to ₹22 Crores.
- Issue will be to eligible existing shareholders.
- Detailed terms to be decided by the Board.
- Subject to regulatory and statutory approvals.
Price Impact
More from FAALCON