NewsCorporate ActionsHealthy Life Agritec Unveils ₹2,481.20 Crore Rights Issue at ₹10 Per ShareHealthy Life Agritec Unveils ₹2,481.20 Crore Rights Issue at ₹10 Per Share
Healthy Life Agritec Limited (BSE: 543546) has approved a rights issue of up to 2,48,12,000 equity shares at ₹10 per share, aiming to raise ₹2,481.20 crore. The issue maintains a 1:1 ratio for existing shareholders, with the record date set for September 26, 2025. The issue period is from October 7 to October 31, 2025. If fully subscribed, the company's outstanding equity shares will double to 4,96,24,000. Shareholders must pay the full issue price at application, and the company has arranged for Rights Entitlements to be credited to eligible shareholders' demat accounts.
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Healthy Life Agritec Limited , a company listed on the Bombay Stock Exchange (BSE: 543546), has announced a significant rights issue to raise up to ₹2,481.20 crore. The company's Board of Directors approved the issuance of up to 2,48,12,000 fully paid-up equity shares at ₹10 per share, maintaining a 1:1 ratio for existing shareholders.
Key Details of the Rights Issue
| Item | Detail |
|---|---|
| Issue Size | Up to 2,48,12,000 equity shares |
| Issue Price | ₹10.00 per share |
| Total Fund Raise | Up to ₹2,481.20 crore (assuming full subscription) |
| Rights Entitlement Ratio | 1:1 (One new share for every one share held) |
| Record Date | September 26, 2025 |
| Issue Period | October 7, 2025 to October 31, 2025 |
Important Dates
| Event | Date |
|---|---|
| Rights Issue Opening Date | October 7, 2025 |
| Rights Issue Closing Date | October 31, 2025 |
| Last Date for On-Market Renunciation | October 27, 2025 |
| Last Date for Off-Market Renunciation | October 30, 2025 |
Impact on Share Capital
The rights issue, if fully subscribed, will double the company's outstanding equity shares from 2,48,12,000 to 4,96,24,000, each with a face value of ₹10.00.
Application Process
Shareholders will be required to pay the entire issue price of ₹10.00 per share at the time of application. The company has made arrangements with NSDL and CDSL for crediting the Rights Entitlements in dematerialized form to the demat accounts of eligible shareholders as of the record date.
Flexibility in Closing Date
The Board of Directors and/or the Rights Issue Committee retain the right to extend the closing date of the issue, subject to the total issue period not exceeding 30 days from the opening date.
Management Statement
Divya Mojjada, Managing Director of Healthy Life Agritec Limited, signed off on the rights issue announcement, which was made in compliance with SEBI Listing Regulations.
This rights issue represents a significant opportunity for existing shareholders to increase their stake in the company at the face value of the shares. Investors should carefully consider the terms and their financial position before participating in the rights issue.
Historical Stock Returns for Healthy Life Agritec
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.00% | -16.53% | -36.22% | -35.22% | -37.31% | +295.61% |
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