Rights Issue30 Sept 2026, 02:52 pm
Crescentis Capital Approves ₹80 Cr Rights Issue
AI Summary
Crescentis Capital Ltd's Board of Directors has approved a rights issue to raise up to ₹80 crores (Rupees Eighty Crores only). The issuance will be of fully paid-up equity shares with a face value of ₹10 each. The company will determine and notify a record date for eligible shareholders. The Draft Letter of Offer has also been approved and will be filed with BSE Limited for in-principle approval for listing the new shares. This move is in accordance with applicable laws, including SEBI ICDR Regulations.
Key Highlights
- Board approved rights issue to raise up to ₹80 crores.
- Issuance will be of fully paid-up equity shares.
- Record date to be determined and notified subsequently.
- Draft Letter of Offer approved for filing with BSE.
- Proceeds to be raised via rights issue to eligible shareholders.
Price Impact
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