Innovassynth Technologies (India) Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/04/2026 ,inter alia, to consider and approve various matters ....
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Innovassynth Technologies (India) Ltd has informed BSE about a Rights Issue Committee meeting scheduled for April 23, 2026. This follows a Board decision on March 27, 2026, which approved a Rights Issue of fully paid-up equity shares worth up to ₹70 crore to eligible shareholders. The committee will finalize key terms including the issue price, entitlement ratio, fractional entitlement handling, record date, and timing of the issue. The fundraise remains subject to in-principle approval from BSE. The company's registered office is in Khopoli with a corporate office in Pune, and the scrip code is 533315.
Existing shareholders will get the right (but not obligation) to buy additional shares to maintain their ownership percentage, while those who do not participate will see their stake diluted. Watch for the announcement after April 23, 2026, for the final issue price and record date that will determine actual dilution and capital required.