Rights Issue27 Oct 2026, 06:40 pm
Fynx Capital Files Rights Issue Application for ₹80 Cr
AI Summary
Fynx Capital Limited (formerly Rajath Finance Limited) has filed an in-principle application and Draft Letter of Offer with BSE Limited for a Rights Issue. The proposed issue aims to raise up to ₹8,000 Lakhs (₹80 Crore) by issuing fully paid-up equity shares to existing shareholders. This filing follows the Board of Directors' approval on October 26, 2026, for the fundraising initiative. The company is adhering to SEBI Listing Regulations with this intimation.
Key Highlights
- Fynx Capital files rights issue application and draft offer letter.
- Aims to raise up to ₹8,000 Lakhs (₹80 Crore).
- Issue is a rights basis to existing shareholders.
- Board had approved the fundraising on October 26, 2026.
- Filing made with BSE Limited as per SEBI regulations.
Price Impact
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