StockWatch
·
Dairy Products
Rights Issue23 Sept 2026, 01:53 pm

Healthy Life Agritec Plans Rights Issue Up to ₹5,000 Lakhs

AI Summary

Healthy Life Agritec Ltd announced its Board of Directors has approved a plan to raise funds up to ₹5,000 Lakhs through a rights issue of partly paid-up equity shares. The issue is open to eligible shareholders as of a to-be-determined record date, subject to regulatory approvals. A Rights Issue Committee has been formed to manage the specifics of the issue, including price, ratio, and payment terms.

Key Highlights

  • Board approved rights issue to raise up to ₹5,000 Lakhs.
  • Partly paid-up equity shares of face value ₹10 each will be issued.
  • Issue is subject to statutory and regulatory approvals.
  • A Rights Issue Committee has been formed to oversee the process.
  • Specific terms like issue price and record date to be determined.