Borad of Directors of the company approved raising of funds by way of Rights Issue at its meeting held September 10, 2025.
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The Board of Directors of Healthy Life Agritec Ltd, at its meeting on September 10, 2025, approved raising of funds through a Rights Issue of equity shares having face value of ₹10 each, for an amount not exceeding ₹2,500 Lakhs (₹25 crore). The issue will be offered to eligible existing equity shareholders of the company as per the record date, which is yet to be announced. The company will also seek in-principle approval from BSE before determining the exact number of shares to be issued. The Board has constituted a Rights Issue Committee, comprising Divya Mojjada (Chairperson), Mohammed Sadiq, and Apra Sharma, to decide on the issue price, entitlement ratio, record date, and timing.
Existing shareholders will get an opportunity to subscribe and maintain their proportional ownership, but non-subscribers face dilution of their stake. The fresh capital infusion could strengthen the company's balance sheet, though short-term share price pressure is common when the issue price is set below market price.