Natco Pharma Board Approves ₹1,300 Crore Rights Issue and Updates Demerger Plan
Natco Pharma's board has authorized a major fund-raising exercise via a rights issue of equity shares worth up to ₹1,300 crore. This capital infusion is intended to strengthen the balance sheet and will lead to a revised demerger scheme for its crop health division to maintain existing swap ratios.
Jindal Worldwide Board Approves Rights Issue Fund Raise Of Up To Rs 650 Crore
Jindal Worldwide's Board of Directors has approved a capital raise of up to Rs 650 Crore through the issuance of equity shares on a rights basis. This move, aimed at strengthening the company's financial position, coincides with a proposed 44% increase in the authorized share capital to Rs 146 Crore to facilitate the issuance.
Greaves Cotton Subsidiary GEML Completes ₹530 Crore Rights Issue for EV Expansion
Greaves Electric Mobility Limited (GEML), the e-mobility arm of Greaves Cotton, has successfully completed a ₹530 crore rights issue. The capital infusion, backed by anchor investors Greaves Cotton and Abdul Latif Jameel, is designated for accelerating technology development and next-generation product launches in the electric vehicle segment.
Neueon Corporation Board Approves ₹150.79 Crore Rights Issue to Public Shareholders
The Board of Directors of Neueon Corporation has approved a significant capital raise of up to ₹150.79 Crore through a rights issue of partly paid-up equity shares. This move is primarily aimed at achieving compliance with SEBI's minimum public shareholding requirements while the company also prepares for a strategic relocation of its registered office.
Shanti Gold International to Raise ₹99.83 Crore via Rights Issue at ₹215 Per Share
Shanti Gold International Ltd has approved a rights issue to raise approximately ₹99.83 crore by issuing 46.43 lakh shares. The capital raise is intended to strengthen the company's financial position following recent in-principle approvals from the BSE and NSE.
Sumeet Industries Completes ₹199.75 Cr Rights Issue to Double Manufacturing Capacity
Sumeet Industries has finalized a ₹199.75 Crore capital raise through a rights issue to facilitate the integration of a newly acquired manufacturing plant and strengthen its balance sheet. The funding supports a strategic turnaround under new management, focusing on doubling production capacity and enhancing backward integration.
Jaykay Enterprises Approves ₹155 Crore Rights Issue for Strategic Expansion
Jaykay Enterprises has approved a capital raise of up to ₹155 crore through a rights issue of partly paid-up equity shares. This move aims to strengthen the company's financial position as it scales its operations within the aerospace and defense manufacturing landscape.
TIL Limited Approves Allotment of Fully Paid Rights Shares Following Call Money Receipt
TIL Limited has formalized the allotment of fully paid-up equity shares following the conclusion of its rights issue call money period. The Rights Issue Committee approved the conversion for eligible shareholders on July 9, 2026, marking a key step in its capital-raising process. The company will now proceed with reminders for pending shareholders to finalize the collection of outstanding dues.
Apar Industries to Seek EGM Approval for Fund Raise via QIP and Rights Issue
Apar Industries Limited has pivoted its capital-raising strategy by opting to seek shareholder approval through an Extra-Ordinary General Meeting (EGM) instead of a postal ballot. This shift, approved by the board on July 3, 2026, is designed to accelerate the timeline for a proposed fund raise involving QIPs, rights issues, or preferential allotments.