Rights Issue12 Oct 2026, 09:30 pm
Naturite Agro to Raise ₹26 Crore via Rights Issue
AI Summary
Naturite Agro Products Ltd announced that its Board of Directors has approved a Rights Issue to raise up to ₹2600 Lakhs (₹26 Crore). The funds will be raised through the issuance of equity shares to eligible shareholders. A Rights Issue Committee has been constituted to oversee the process and appoint necessary intermediaries. The detailed terms of the Rights Issue will be communicated in the letter of offer.
Key Highlights
- Board approved Rights Issue to raise funds.
- Total fundraising target is up to ₹2600 Lakhs (₹26 Crore).
- Equity shares will be issued to eligible shareholders.
- A Rights Issue Committee has been formed.
- Further details will be provided in the letter of offer.
Price Impact
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