Jindal Capital Plans ₹20 Cr Rights Issue

Jindal Capital Limited's Board of Directors has approved a proposal to raise funds through a Rights Issue. The company plans to issue fully paid-up equity shares with a face value of ₹10 each, for cash, aggregating up to ₹20.00 crore. This move is intended to raise capital from eligible equity shareholders on a rights basis. The detailed terms, including issue price and record date, will be determined by the Board or a committee and intimated in due course.