Healthy Life Agritec Doubles Share Capital Through Rights Issue

1 min read     Updated on 03 Nov 2025, 06:44 PM
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Overview

Healthy Life Agritec Limited completed a rights issue, allotting 2,48,12,000 equity shares at ₹10 per share, raising ₹24,81,20,000. This doubled the company's paid-up equity share capital from ₹24,81,20,000 to ₹49,62,40,000. The allotment was approved by the Rights Issue Committee in consultation with Cameo Corporate Services Limited and BSE Limited.

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*this image is generated using AI for illustrative purposes only.

Healthy Life Agritec Limited has successfully completed a significant rights issue, effectively doubling its share capital. The company's Rights Issue Committee has approved the allotment of 2,48,12,000 equity shares to eligible shareholders and renouncees, marking a substantial expansion in its equity base.

Rights Issue Details

Particulars Details
Number of Shares Allotted 2,48,12,000
Issue Price per Share ₹10.00
Total Issue Size ₹24,81,20,000.00

Impact on Share Capital

Metric Before Issue After Issue
Paid-up Equity Share Capital ₹24,81,20,000.00 ₹49,62,40,000.00

The rights issue has resulted in a 100% increase in the company's paid-up equity share capital, expanding from ₹24,81,20,000.00 to ₹49,62,40,000.00.

Allotment Process

The allotment process was finalized in consultation with:

  • Cameo Corporate Services Limited (Registrar to the Issue)
  • BSE Limited (Designated Stock Exchange)

Corporate Governance

According to the LODR data, the Rights Issue Committee meeting for the allotment approval took place on November 03, 2025. The meeting commenced at 05:45 p.m. and concluded at 06:10 p.m., demonstrating the company's commitment to transparent and timely disclosure of material information.

This rights issue represents a significant corporate action for Healthy Life Agritec Limited, potentially providing the company with additional capital for its operations and growth initiatives. The successful completion of this rights issue may be seen as a sign of shareholder confidence in the company's future prospects.

Investors are advised to conduct their own research and consider their financial objectives before making investment decisions.

Historical Stock Returns for Healthy Life Agritec

1 Day5 Days1 Month6 Months1 Year5 Years
+4.98%+3.55%-7.35%-60.77%-48.36%+183.48%
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Healthy Life Agritec Limited Approves Rights Issue Documents for Eligible Shareholders

1 min read     Updated on 25 Sept 2025, 05:39 PM
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Reviewed by
Naman SharmaScanX News Team
Overview

Healthy Life Agritec Limited's Rights Issue Committee approved crucial documents for their upcoming rights issue on September 25, 2025. The approved documents include the Letter of Offer, Rights Entitlement Letter, and Common Application Form, which will be filed with BSE Limited and SEBI. The company plans to dispatch these materials to eligible shareholders as of the record date, set for September 26, 2025. Healthy Life Agritec also reported financial results for Q2 2025, with Revenue from Operations at Rs. 4,276.33 lakhs and Profit After Tax at Rs. 82.98 lakhs.

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*this image is generated using AI for illustrative purposes only.

Healthy Life Agritec Limited has taken a significant step towards its upcoming rights issue, as announced by the company's Rights Issue Committee on September 25, 2025. The committee convened a meeting to approve crucial documents related to the rights issue, marking an important milestone in the company's capital raising efforts.

Key Developments

The Rights Issue Committee, during its 15-minute meeting from 4:45 p.m. to 5:00 p.m., approved the following documents:

  • Letter of Offer
  • Rights Entitlement Letter
  • Common Application Form
  • Other issue-related materials

These documents are set to be filed with BSE Limited and the Securities and Exchange Board of India (SEBI). Additionally, the company plans to dispatch these materials to eligible shareholders as of the record date, which has been set for September 26, 2025.

Significance for Shareholders

This development is particularly relevant for Healthy Life Agritec's shareholders, as it paves the way for their participation in the upcoming rights issue. The rights issue allows existing shareholders to purchase additional shares at a potentially discounted price, providing them with an opportunity to increase their stake in the company.

Company Performance

Healthy Life Agritec Limited has also recently disclosed its financial results for the quarter ended June 30, 2025. The company reported:

Financial Metric Amount (Rs. in lakhs)
Revenue from Operations 4,276.33
Profit After Tax 82.98

Looking Ahead

As Healthy Life Agritec Limited moves forward with its rights issue, shareholders and potential investors will be keenly watching for further announcements regarding the issue price, rights entitlement ratio, and other pertinent details. The successful completion of this rights issue could provide the company with additional capital for its future growth and expansion plans.

Investors are advised to carefully review the Letter of Offer and other related documents once they are made available, to make informed decisions regarding their participation in the rights issue.

Historical Stock Returns for Healthy Life Agritec

1 Day5 Days1 Month6 Months1 Year5 Years
+4.98%+3.55%-7.35%-60.77%-48.36%+183.48%
Healthy Life Agritec
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