Rights Issue3 Jul 2026, 05:00 pm
Lexoraa Industries Ltd Approves Rights Issue Up to ₹69 Cr
AI Summary
Lexoraa Industries Ltd announced its Board of Directors has approved a fundraise of up to ₹69 crores through a rights issue. The issue will involve fully paid-up equity shares with a face value of ₹10 each, offered at a premium of ₹5 per share. The rights issue is intended for eligible equity shareholders as of a to-be-determined record date, in compliance with SEBI regulations. The board meeting took place on July 3, 2026, from 3:00 PM to 4:00 PM IST.
Key Highlights
- Board approved rights issue to raise up to ₹69 crores.
- Issue comprises fully paid-up equity shares at ₹15 each.
- Rights issue is for eligible existing shareholders.
- Fundraising is subject to regulatory and statutory approvals.
Price Impact
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