Board approved fundraise of up to Rs 65 Cr via rights issue to eligible shareholders as on record date, via equity or convertible instruments, subject to approvals. Formed Rights Issue Committee. First dilution after years with unchanged capital; size dwarfs revenue and cash scale. Revives fundraise deferred at prior board; terms left to promoter-led committee. Price, entitlement ratio, record date, instrument and use of proceeds undisclosed; needs shareholder and regulatory nods. Implies heavy dilution overhang until terms set.
Aspira Pathlab Approves ₹65 Crore Rights Issue Subject To Approvals
Aspira Approves ₹65 Crore Rights Issue Subject To Approvals
Aspira Pathlab & Diagnostics Approves ₹65 Crore Rights Issue Subject To Approvals
Aspira Pathlab Schedules September 12 Board Meeting To Consider Fundraising
Aspira Pathlab & Diagnostics Promoter Jay Bhanushali Buys 332 Shares