Bhandari Hosiery Exports Limited to Consider ₹50 Cr Rights Issue on Jan 2, 2026
Bhandari Hosiery Exports Limited has announced that a meeting of its Board of Directors is scheduled to be held on Friday, January 2, 2026. During this meeting, the Board will consider raising long-t...
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Why is Bhandari Hosiery Exports Limited in the news today?
Bhandari Hosiery Exports Limited (BHANDARI) is in the news due to the announcement is a notice of a future board meeting to consider a fundraising activity. it does not contain performance metrics or outcomes, hence it is neutral.
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Bhandari Hosiery Exports Limited to Consider ₹50 Cr Rights Issue on Jan 2, 2026
December 25, 2025, 07:26 AM
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Bhandari Hosiery Exports Limited has announced that a meeting of its Board of Directors is scheduled to be held on Friday, January 2, 2026.
During this meeting, the Board will consider raising long-term equity funds up to ₹50 crore. The objective of this fundraising is primarily to strengthen the company's working capital requirements through a Rights Issue.
Additionally, the Board will discuss the formation of an empowered Rights Issue Committee (RIC) to ensure the efficient execution of the Rights Issue, in accordance with SEBI (ICDR) Regulations as modified in April 2025. This committee will also be responsible for making subsequent decisions regarding the terms of the Rights Issue and the appointment of intermediaries.
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