Board approves Rights Issue up to Rs 52.45 crore, new subsidiary and agri-marketplace deal
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Onesource Industries board approved a Rights Issue of equity shares up to Rs 52.45 crore on 10 Sept 2026. Issue price, entitlement ratio and record date yet to be decided. Board also formed a Rights Issue Committee, approved a 24-month work order with LCC Infotech to build an Integrated Digital Marketplace for Agricultural Produce, and approved incorporating a foreign subsidiary named Onesource Industries and Ventures LLC.
Shareholders get rights to subscribe to new shares; dilution possible if not all subscribe. New subsidiary and agri marketplace deal signal business expansion.