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Board on Oct 26 approved up to Rs 80 crore rights issue of 80 crore Rs 1 shares in 4:1 ratio to existing shareholders, constituting Rights Issue Committee for draft letter of offer. Context: second large raise within two months amid three straight loss years.
Fynx Capital Board Approves Rs 80 Crore 4:1 Rights Issue
Fynx Capital Board Approves Rs 80 Crore 4:1 Rights Issue Proposal
Fynx Capital To Consider ₹80 Crore Rights Issue On October 26