StockWatch
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Non Banking Financial Company (NBFC)
Rights Issue29 May 2026, 04:30 pm

Crescentis Capital Approves FY26 Results, ₹80 Cr Rights Issue

AI Summary

Crescentis Capital Ltd's board approved the audited financial statements for the quarter and year ended March 31, 2026. The board also approved a proposal to raise up to ₹80 Crores through a rights issue of fully paid-up equity shares of ₹10 each to eligible shareholders, subject to necessary approvals. A Fund Raising Committee has been constituted to finalize the terms and conditions of the Rights Issue.

Key Highlights

  • Audited financial statements for FY26 approved by the board.
  • Company plans to raise up to ₹80 Crores via rights issue.
  • Fund Raising Committee authorized to finalize rights issue details.
  • Rights issue is subject to regulatory and statutory approvals.