StockWatch
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Non Banking Financial Company (NBFC)
Rights Issue20 Aug 2026, 11:58 am

Key Corp Ltd Approves Rights Issue Up to ₹15 Crores

AI Summary

Key Corp Limited announced that its Board of Directors, in a meeting held on August 20, 2026, approved a Rights Issue of equity shares aggregating up to ₹15 Crores. The issue will be offered to eligible equity shareholders as of a to-be-determined record date. The Board has authorized a committee to finalize terms such as issue price, entitlement ratio, and timing. The meeting commenced at 11:00 AM IST and concluded at 11:30 AM IST.

Key Highlights

  • Board approved a Rights Issue of equity shares.
  • Total issue size not exceeding ₹15 Crores.
  • Issue is for eligible equity shareholders.
  • Record date to be determined and notified.
  • Committee authorized to finalize issue terms.