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) →

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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.