Rights Issue10 Aug 2026, 07:03 pm
Om Metallogic Ltd Approves Rights Issue Up to ₹22 Cr
AI Summary
Om Metallogic Ltd announced that its Board of Directors has approved a Rights Issue to raise up to ₹22.00 Crores. The issue will be for equity shares offered to eligible shareholders as of a determined record date. The specific terms, including issue price and entitlement ratio, will be finalized by a dedicated committee or the Board and disclosed later. This move aims to raise capital in accordance with SEBI regulations.
Key Highlights
- Board approved Rights Issue to raise capital.
- Total fundraise target is up to ₹22.00 Crores.
- Issue is for eligible shareholders on a record date.
- Detailed terms to be decided and announced later.
- Proceeds will be used as per applicable laws.
Price Impact
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