Rights Issue22 May 2026, 05:41 pm
Innovassynth: Rajan Raheja & Others Increase Stake via Rights Issue
AI Summary
Rajan Raheja and associated Persons Acting in Concert (PAC) have increased their stake in Innovassynth Technologies (India) Ltd. through the allotment of 1,40,69,636 equity shares via a rights issue. This acquisition was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Post-acquisition, the equity share capital of Innovassynth Technologies stands at 9,28,60,696 equity shares.
Key Highlights
- Rajan Raheja & PAC acquired shares in Innovassynth via rights issue.
- 1,40,69,636 equity shares were allotted pursuant to the rights issue.
- The acquisition was made on May 20, 2026.
- Equity share capital after acquisition is 9,28,60,696 shares.
Price Impact
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