Containe Technologies Limited, a specialist in Electronic Speed Limiting Devices and vehicle tracking equipment, is raising Rs. 2,098.20 lakh through a rights issue.

The funds will be used to repay debt, bolster working capital, and for general corporate needs.

The company, established in 2008, is ISO 9001:2015 certified and manufactures a range of automotive electronic and mechanical products under the "MOTOREYE & LIMITS" brand.