My Companies
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Board approved preferential allotment of 9,12,759 shares at Rs 1522.85 for ~139 Cr to 15 non-promoter investors, plus investment/loans to subsidiaries; EGM on Oct 23, 2026. First institutional raise in recorded trail, led by WhiteOak funds; novel for order-book-driven CDMO and branded injectables maker scaling Varenyam anaesthesia division. Adds institutional capital but ~12% post-issue to allottees means material dilution; subsidiary funding split and timelines undisclosed; needs shareholder approval.