Fundraise / allotmentNotableFiled on BSE ·

SML Mahindra approves up to ₹1450 crore rights issue of equity shares

SML Mahindra · Agricultural, Commercial & Construction Vehicles

Arthneeti Research DeskPublished 1 min read
₹1,450 CrFundraise / allotment

Key highlights

  • Board approved raising funds via fully paid-up equity shares of face value ₹10 each by rights issue
  • Maximum amount to be raised: ₹1450 crore, to eligible equity shareholders on record date
  • Rights issue terms including price and entitlement ratio to be decided post regulatory approvals

Why it's rated notable: amount is ₹500 crore or more

Original filing

Announcement under Regulation 30 (LODR)-Raising of Funds

Read the filing on BSE (PDF) →

Companies guiding to strong growth

Ranked by management's own guidance on revenue and margins — not by us.

Revenue growth 40%+Margin up 2%+

Sign up free to see all 6 →

See full rankings

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

More from SML Mahindra

Other fundraise / allotment filings this fortnight

All fundraise / allotment filings →

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.