Deals12 Feb 2025, 04:38 am
Tejnaksh Healthcare Ltd. Announces Expansion Plans, Rights Issue, and Q3 Results
AI Summary
Tejnaksh Healthcare Ltd. has announced expansion plans involving the addition of equipment and instruments for hospitals in Dhule and New Mumbai. The company also approved a revised estimate for proposed capital expenditure and long-term working capital requirements. A rights issue from Rs. 700 lakhs to Rs. 750 lakhs was also approved, subject to regulatory approval. The company's unaudited financial results for the nine months ended 31st December 2024 were also considered and authorized for publication. The Board meeting took place from 7.00 pm to 11.00 pm on February 11, 2025.
Key Highlights
- Tejnaksh Healthcare Ltd. plans to expand and modernize its business in Dhule and New Mumbai.
- The company approved a revised estimate for proposed capital expenditure and long-term working capital requirements.
- A rights issue from Rs. 700 lakhs to Rs. 750 lakhs was approved, subject to regulatory approval.
- The company's unaudited financial results for the nine months ended 31st December 2024 were considered and authorized for publication.
- The Board meeting took place from 7.00 pm to 11.00 pm on February 11, 2025.