Faalcon Concepts Approves ₹22 Crore Rights Issue For Existing Shareholders

Board approved Rights Issue of equity shares of Rs 10 face value to eligible shareholders as on record date for up to Rs 22 Cr. Subject to regulatory approvals under SEBI ICDR and exchange in-principle approval; price, entitlement ratio, record date, timing and payment terms to be fixed later. Issue size implies dilution but quantum, pricing and use of proceeds undisclosed; record date and timetable to be notified to exchanges in due course.