Milgrey Finance to Raise ₹60 Cr via Rights Issue

Milgrey Finance & Investments Ltd announced that its Board of Directors, in a meeting held on June 29, 2026, approved a proposal to raise up to ₹60 crore through a Rights Issue. The funds will be raised by issuing equity shares of face value ₹10 each, at par or premium, to eligible shareholders. The specific terms of the issue, including the issue price, entitlement ratio, and record date, will be determined by the Board or a committee in due course, subject to regulatory approvals. The meeting commenced at 5:00 PM IST and concluded at 6:00 PM IST.