StockWatch
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Dairy Products
Board Meeting23 Sept 2026, 01:58 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 rights issue to raise funds up to ₹5,000 Lakhs through the issuance of partly paid-up equity shares. The face value of each share is ₹10. The specifics of the issue, including price, entitlement ratio, and record date, will be determined by the Board or a newly formed Rights Issue Committee. This move is subject to necessary statutory and regulatory approvals.

Key Highlights

  • Board approved rights issue to raise up to ₹5,000 Lakhs.
  • Funds to be raised via partly paid-up equity shares.
  • A Rights Issue Committee has been formed.
  • Specific terms to be decided by the committee.
  • Subject to regulatory and statutory approvals.