Super Crop Safe Limited has announced a board meeting to approve a Rights Issue to raise up to Rs. 32.00 Cr by issuing fully paid-up equity shares of Rs. 2 each to existing shareholders.

The Rights Issue Committee has approved the Draft Letter of Offer and will seek in-principle approval from BSE.

This fundraise aims to strengthen the company’s capital base and support its growth plans, offering shareholders an opportunity to increase their stake.

The exact price and ratio will be decided by the Board or Rights Issue Committee later.