Dhruva Capital Services Approves ₹160 Crore Fund Raise

Board approved raising authorised capital to Rs 27 Cr from Rs 15 Cr and fundraise up to Rs 160 Cr via QIP/preferential/rights, plus EGM notice and office relocations. Huge scale vs tiny loan book; follows recent preferential raise and NeoMoney launch while Vector merger awaits nod, signalling aggressive growth funding with dilution risk. Mode, price, investors, use of proceeds and timeline undisclosed; needs EGM and regulatory approvals; merger clearance still pending, so funding need and dilution overhang remain.