Jindal Capital Board Approves Rights Issue Of Up To ₹20 Crore

Board approved a rights issue of fully paid-up equity shares for an aggregate amount not exceeding Rs 20 Cr, subject to statutory and regulatory approvals. The issue price, rights entitlement ratio, record date, opening and closing dates, and payment terms will be decided later by the Board or an authorized committee. The fund-raising will potentially dilute shareholders who do not participate; issue pricing, dilution quantum, use of proceeds and implementation timeline remain undisclosed.