A B Infrabuild Limited has informed the Exchange about General Updates
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A B Infrabuild Limited has completed the allotment of its Rights Issue, with 1,06,46,489 Rights Equity Shares allotted at Rs. 37.50 per share to eligible applicants. The allotment was approved by the Rights Issue Committee on 2nd May 2025, following finalization of the basis of allotment by NSE, the designated stock exchange. The total capital raised through this issue works out to approximately Rs. 39.9 crore. The new shares are fully paid-up equity shares of the company.
Existing shareholders who exercised their rights will see their shareholdings increase with the newly allotted shares. The fresh capital may be used for business expansion or debt reduction, though the dilutive effect will apply to those who did not participate in the rights issue.