StockWatch
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Non Banking Financial Company (NBFC)
Rights Issue26 Oct 2026, 05:30 pm

Fynx Capital to raise ₹80 Cr via Rights Issue

AI Summary

Fynx Capital Limited announced that its Board of Directors, in a meeting held on October 26, 2026, approved the unaudited financial results for the quarter and half-year ended September 30, 2026. Additionally, the board approved a proposal to raise funds not exceeding ₹80,00,00,000 (Rupees Eighty Crores only) through a Rights Issue to eligible equity shareholders in a 4:1 ratio. A Rights Issue Committee has been constituted to manage the process. The company was formerly known as Rajath Finance Limited.

Key Highlights

  • Board approved unaudited financial results for Q2 FY27.
  • Company plans to raise up to ₹80 Crore via Rights Issue.
  • Rights Issue will be in a 4:1 ratio for existing shareholders.
  • A Rights Issue Committee has been formed to oversee the process.