StockWatch
·
Trading - Textile Products
Rights Issue26 Jun 2026, 12:57 pm

Vivaa Tradecom Approves Rights Issue Up To ₹15 Crores

AI Summary

Vivaa Tradecom Ltd announced that its Board of Directors, in a meeting held on June 26, 2026, has approved the issuance of equity shares via a Rights Issue. The total amount to be raised through this issue will be up to ₹15 Crores. The specific terms, including the issue price, entitlement ratio, and record date, will be determined by a designated committee and disclosed later. This move is subject to necessary regulatory and statutory approvals.

Key Highlights

  • Board approved Rights Issue of equity shares.
  • Total fundraising target set at up to ₹15 Crores.
  • Specific terms to be finalized and announced.
  • Subject to regulatory and statutory approvals.