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Other Financial Services
Rights Issue27 Aug 2026, 08:20 pm

Jindal Capital Proposes Rights Issue Up to ₹20 Cr

AI Summary

Jindal Capital Limited has announced a proposed Rights Issue of fully paid-up Equity Shares, aiming to raise up to ₹20 crore. The issue will be offered to eligible equity shareholders on a record date to be determined and notified later. A Draft Letter of Offer has been prepared and submitted, detailing the terms and conditions of the issue. The company's existing equity shares are listed on BSE, and in-principle approval has been received for listing the shares from this issue.

Key Highlights

  • Jindal Capital proposes a Rights Issue to raise up to ₹20 crore.
  • The issue is open to eligible equity shareholders.
  • A Draft Letter of Offer has been filed with the exchange.
  • Existing shares are listed on BSE; in-principle approval received for new shares.