Fundraise / allotmentNotableFiled on BSE ·
Evonile Pharma Limited approves ₹90 crore rights issue to raise funds
Novartis India Ltd · Pharmaceuticals & Biotechnology
What the filing says
- Board approved raising up to ₹90 crore via partly paid-up equity shares on rights basis
- Rights Issue Committee formed to finalize terms including price, ratio, record date, and allotment
- Postal Ballot notice approved and new corporate website www.evonilepharma.com launched
Why it's rated notable: not yet binding (letter of intent, proposal or subject to approvals)
Original filing
Announcement under Regulation 30 (LODR)-Raising of Funds
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Novartis India Ltd
- Fundraise / allotmentNotableEvonile Pharma Ltd approves rights issue to raise up to ₹900 crore
- Acquisition / mergerNotableNovartis India Limited acquires Minipress trademarks from Pfizer for ₹1250 crore
Other fundraise / allotment filings this fortnight
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.
