RCF approves ₹1,500 crore FPO for fund raising

RCF approves ₹1,500 crore FPO for fund raising. The Board has approved a Further Public Offering (FPO) involving a fresh issue of equity shares worth up to ₹1,500 crore. The move aims to strengthen the company’s capital structure and fund future obligations. Market reception will depend on pricing and timing of the issue.

📊 STOCKS: RCF | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #FPO