Rights Issue19 Sept 2026, 03:00 pm
Gconnect Logitech Plans Rights Issue of ₹41 Cr
AI Summary
Gconnect Logitech and Supply Chain Ltd announced that its Board of Directors has approved a Rights Issue to raise up to Rs. 41 Crores. The funds will be raised through the issuance of equity shares to eligible shareholders. Additionally, the board approved the appointment of Mr. Ketur Darji as an Independent Director for a term of 5 years, subject to shareholder approval. The meeting was held on September 19, 2026.
Key Highlights
- Board approves Rights Issue to raise Rs. 41 Crores.
- Funds to be raised via issuance of equity shares to existing shareholders.
- Appointment of Mr. Ketur Darji as Independent Director approved.
- Director appointment is for a 5-year term, subject to member approval.
Price Impact
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