Bhagyanagar India approves equity share issuance for cash

Bhagyanagar India approves equity share issuance for cash — The board approved allotment of 15,01,434 equity shares at ₹348 per share, each with a face value of ₹2. The issuance is for cash, indicating a fresh fundraising initiative. This move may dilute existing equity but strengthens the company’s capital base.
📊 STOCKS: $BHAGYANAGAR | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #Equity Issuance