StockWatch
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Non Banking Financial Company (NBFC)
Board Meeting25 Oct 2026, 08:30 pm

Crescentis Capital Board to Consider Rights Issue on Oct 29

AI Summary

Crescentis Capital Ltd has announced a meeting of its Fund-Raising Committee of the Board of Directors on October 29, 2026. The meeting will consider and approve the terms of a proposed Rights Issue of equity shares, aiming to raise up to ₹80 crores. This follows the Board's approval on September 30, 2026, for the rights issue. The committee will also take on record the BSE's in-principle approval for listing the shares. The trading window for designated persons remains closed until further notice.

Key Highlights

  • Board meeting scheduled for October 29, 2026, to discuss rights issue.
  • Company plans to raise up to ₹80 crores via rights issue.
  • BSE has granted in-principle approval for listing the rights shares.
  • Key terms like issue price and size to be finalized.