Rajnish Wellness's Rights Issue, which recently concluded, was undersubscribed.

The company's Promoter, Mr. Rajnish Kumar Singh, has formally confirmed his intention to subscribe to additional equity shares beyond his initial entitlement.

He aims to cover any unsubscribed portion of the issue, ensuring the full subscription of the Rights Issue.

This capital raise targets up to ₹48.67 crore at ₹1 per share.

This strong commitment from the promoter is a positive signal for investors.