Announced Fri, 6 Nov, 2026 · 18:30 IST
Committee to finalise terms of up to Rs 550 crore rights issue
PRAXIS · price
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Price reaction
Awaiting price reaction for this filing.
AI summary
A committee of the Board will meet on November 12, 2026, to finalise the record date, issue price, entitlement ratio and other terms for a rights issue of up to Rs 550 crore. Eligible shareholders may need to contribute fresh capital. Trading is closed from November 6 to November 14, 2026.
Likely market impact
Final terms could affect dilution, funding needs and the share price. Investors should await the record date, ratio and issue price.