Jindal Capital Plans ₹20 Cr Rights Issue

Jindal Capital Limited announced its 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 for the company's growth and operational needs. The specific terms of the Rights Issue, including the issue price, entitlement ratio, and dates, will be determined by the Board or a designated committee and will be communicated to the stock exchange in due course. The meeting where this was approved commenced at 3:45 PM IST and concluded at 5:40 PM IST on August 27, 2026.