Rajath Finance Limited allots 1.6 crore shares on rights basis

The Rights Issue Committee of Board of Directors of Rajath Finance Limited at their meeting held today, i.e. Tuesday 25 March 2025, had considered and approved the allotment of 1,60,00,000 Equity Shares on rights basis of face value of Rs. 10/- each at an issue price of Rs. 10/- per Equity Share.

The said allotment is made pursuant to the terms set out in the Letter of Offer dated 14 February, 2025, and the 'Basis of Allotment' as finalized in consultation with the MUFG Intime India Private Limited (formerly known as Link Intime India Private Limited) ("Registrar to the Issue"), Bonanza Portfolio Limited ('Lead Manager to the Issue") and as approved by BSE Limited ("the Designated Stock Exchange for the Issue").

Source : Equity Bulls

Keywords

RajathFinance FundRaising SharesAllotment RightsIssue