Lamosaic India Approves ₹49.87 Crore Rights Issue Amid Board Reshuffle

Board approved rights issue up to Rs 49.87 crore with price, ratio and record date to be set, redesignated Vinod Visaria from Managing Director to Whole-Time Director, and noted resignations of director Jay Chheda and director Jitesh Mamaniya who continues as CFO. Context: first fundraise since November 2024 listing.