Aarti Industries Board Approves ₹1,000 Crore Fund Raise Enabling Resolution

Board approved enabling resolution to raise up to Rs 1000 Cr via equity, convertibles, debentures with warrants through QIP, private placement, public or preferential issue, subject to approvals. Novel funding step with no similar raise in recent history; leverage elevated on working-capital and capex cycle with rating outlook negative; equity would ease debt for Zone IV and integration build. Issue price, instrument, timing, use of proceeds and dilution quantum undisclosed; needs shareholder and regulatory approvals; execution and leverage impact remain to be seen.