Investment26 May 2025, 03:33 pm
Sattva Sukun Lifecare Announces Rs. 48 Cr Rights Issue After Strong FY25 Results
AI Summary
Sattva Sukun Lifecare, a leading manufacturer of aroma and home décor products, has announced a Rights Issue of up to 48 crore equity shares for cash at a price of 71.00 per Rights Equity Share, aiming to strengthen its capital base and support its next phase of expansion. The company recorded strong financial performance in FY25, with a 74.8% increase in net profit for Q4 and a 109.1% increase in net profit for the full year. The Rights Issue will open on 28th May 2025 and close on 26th June 2025.
Key Highlights
- Rights Issue of up to 48 crore equity shares for cash at a price of 71.00 per Rights Equity Share
- Issue aimed at strengthening the company’s capital base and supporting its next phase of expansion
- Net profit surged by 74.8% to $84.22 lakhs in Q4 and more than doubled, registering a 109.1% increase to 248.94 lakhs for the full year
- Revenue from operations rose by 6% to 7105.16 lakhs in Q4 and grew significantly by 48.1%, reaching %526.30 lakhs for the full year
- Rights Issue will open on 28th May 2025 and close on 26th June 2025