SML Mahindra Ltd Board approves rights issue up to ₹1450 crore on 6 Nov 2026
SML Mahindra · Agricultural, Commercial & Construction Vehicles
Key highlights
- Board met on 6 November 2026 and approved raising funds via a rights issue
- Rights issue to comprise fully paid equity shares of face value ₹10 each
- Amount to be raised not exceeding ₹1450 crore, subject to regulatory approvals
Why it's rated notable: amount is ₹500 crore or more
Original filing
Board Meeting Outcome for Outcome Of The Meeting Of The Board Held On 6Th November, 2026
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from SML Mahindra
- Fundraise / allotmentNotableSML Mahindra approves up to ₹1450 crore rights issue of equity shares
- Fundraise / allotmentNotableSML Mahindra Limited announces Board meeting to approve Rights Issue details
Other fundraise / allotment filings this fortnight
- Dev Labtech Venture Limited approves H1 results for half year ended 30 September 2026
- Richa Info Systems approves fundraising of up to ₹50 crore on Nov 6, 2026
- United Van Der Horst approves Q2 results and proposes ₹20 crore preferential issue
- Chaman Metallics Limited files Draft Letter of Offer for Rights Issue on NSE Emerge
- Arvaya Healthcare Limited approves Draft Letter of Offer for ₹205.8 crore Rights Issue
- Sigma Advanced Systems Limited announces Board meeting outcomes on Nov 6, 2026
Potential multibaggers · Q2 FY27
Potential multibaggers in Agricultural, Commercial & Construction Vehicles
on management's own guidance
- Indo Farm Equip.Good growth2
- BEML LtdGood growth1
- Gurunanak Agri.Good growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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.