🟡 Medium ImpactCapitalMarkets
Ganga Forging announces 3:2 rights issue at ₹1.63/share
Ganga Forging announces 3:2 rights issue at ₹1.63/share. The rights issue will allow existing shareholders to buy 3 new equity shares for every 2 shares held at an issue price of ₹1.63 per share. This move aims to strengthen the company’s capital base and fund future expansion plans. The announcement comes per a recent NSE corporate filing.
📊 STOCKS: GANGACFORGE | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #RightsIssue
#RightsIssue#Fundraising#CapitalRaising
Stocks mentioned
⚠️ This brief is AI-generated from public news sources for informational purposes only. Not investment advice. Always consult a SEBI-registered advisor before trading.
Trade smarter on NSE
Live option chains, FII flows, PCR, AI analysis — for NIFTY, BANKNIFTY & 200+ F&O stocks.
Start for ₹1 →