The Board of Directors at its meeting held on 24/07/2025 has approved: 1. To raise funds upto Rs. 100 Crore through issuance of equity shares or other eligible securities or by way of borrowing ....
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The Board of Directors of B-Right Realestate Ltd met on July 24, 2025 and approved raising funds up to Rs. 100 Crore through issuance of equity shares, other eligible securities, or borrowing (debt). The Board also approved migrating the company's listing from the BSE SME Platform to the Main Board of BSE, NSE, or any other recognized stock exchange. A postal ballot process has been initiated to seek shareholder approval for both proposals, and Rinkesh Gala & Associates has been appointed as scrutinizer for the postal ballot. The meeting concluded at 1:00 P.M. The company holds CIN L70100MH2007PLC282631 and BSE Scrip Code 543543.
The Rs. 100 Crore fund raise could lead to equity dilution for existing shareholders but provides growth capital for the real estate business. Migration from the SME Platform to the Main Board typically increases visibility, trading liquidity, and institutional participation, which is generally positive for shareholders in the long run.