Epuja Spiritech Approves Rights Issue Up to ₹60 Cr

Epuja Spiritech Limited (formerly Sagar Productions Limited) announced that its Board of Directors, in a meeting held on July 29, 2026, approved a Rights Issue to raise up to ₹60 crore. The funds will be raised through the issuance of fully-paid equity shares of face value ₹1 each. The Board has also constituted a Rights Issue Committee to manage all aspects of the issue, including quantum, price, and record date. Additionally, the Board considered and approved proposals for enhancing inter-corporate loan limits up to ₹100 crore, amending the Memorandum of Association regarding the object clause and authorized share capital, and appointed a scrutinizer for a postal ballot process.