The company has announced a board meeting to consider and approve the financial results for the quarter and half-year.

The board will also review a Rights Issue of 14,99,99,999 equity shares at Rs. 42.00 per share (face value Rs. 21.00, premium Rs. 21.00). This issue totals approximately Rs. 63 Cr, with shareholders entitled to one new share for every share held.

The capital raise aims to strengthen working capital, support general corporate needs, and reduce debt.

This move is crucial for the company's financial health and growth plans.