Jindal Worldwide to Raise ₹650 Cr via Rights Issue

Jindal Worldwide Ltd announced its Board of Directors has approved a rights issue to raise up to ₹650 Crore. The funds will be raised through the issuance and allotment of equity shares. The Board also approved an increase in the authorized share capital from ₹101 Crore to ₹146 Crore. Additionally, Mr. Amit Yamunadutt Agarwal has been re-appointed as Vice-Chairman & Managing Director. The 40th Annual General Meeting is scheduled for September 1, 2026, and the company has set August 25, 2026, as the cut-off date for voting eligibility.