Naturite Agro Products Approves Rs 26 Crore Rights Share Issue

Board approved rights issue of equity shares of Rs 5 face value for up to Rs 2600 Lakhs to eligible shareholders as on record date, subject to approvals. First major equity raise for shell-scale trader after full promoter exit with buyer still unnamed; replaces director-loan working-capital model with shareholder funding. Issue ratio, price, record date, use of proceeds and intermediaries not disclosed; heavy dilution likely; CMD who sold entire stake still chairs rights panel.