The Board of Directors at its meeting held today, 25 July, 2025 has approved fund raising by way of right issue for an amount not exceeding Rs. 6048 lakhs. Detail disclosure is enclosed.
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Arunis Abode Limited's Board, at its meeting on 25 July 2025, approved raising funds of up to Rs. 6,048 lakhs (around Rs. 60.48 crore) through a Rights Issue of fully paid-up equity shares of face value Rs. 10 each. The issue will be offered to eligible shareholders as on the record date, which is yet to be notified. A Rights Issue Committee has been constituted to decide the issue price, entitlement ratio, record date, and other terms. Exact terms like pricing and ratio will be determined later.
Shareholders may need to contribute additional capital if they wish to maintain their ownership stake; the dilution and pricing details will shape near-term stock sentiment once announced.