
Rights Issue23 Jul 2026, 07:50 pm
India Homes Ltd Receives In-Principle Approval for Rights Issue
AI Summary
India Homes Ltd has announced that it has received in-principle approval from BSE Limited for its proposed rights issue of partly paid-up equity shares. The approval, dated July 23, 2026, follows the company's application on May 01, 2026. BSE has granted permission for the company to use its name in the Letter of Offer, subject to specific disclaimer clauses being included. The exchange has also granted in-principle approval for the listing of these shares, contingent on the company completing post-issue requirements and complying with all statutory and legal formalities. India Homes Ltd is responsible for all disclosures and compliance related to the rights issue.
Key Highlights
- India Homes Ltd received in-principle approval from BSE for a rights issue.
- The rights issue involves partly paid-up equity shares.
- BSE's approval is subject to specific disclaimer clauses in offer documents.
- Post-issue formalities and statutory compliance are required for listing.
- The company is solely responsible for all disclosures and compliance.
Price Impact
More from ISWL