Travels & Rentals Limited has announced plans to raise funds through a rights issue of equity shares. The company has scheduled a board meeting for December 4, 2025, to determine specific terms of its previously approved rights issue worth up to ₹1,700 lakhs.

Key Details of the Rights Issue

• Issue Type: Rights Issue of Equity Shares
• Face Value: ₹10 per share
• Maximum Fund Raise: Up to ₹1,700 lakhs (₹170.00 crores)
• Eligibility: Open to existing shareholders as of the record date (to be determined)
• Board Meeting Date: December 4, 2025

The board has approved the issuance of equity shares with a face value of ₹10 each, aiming to raise an amount not exceeding ₹1,700 lakhs. The rights issue is subject to necessary statutory and regulatory approvals, including compliance with the amended SEBI (Issue of Capital and Disclosure Requirements) Amendment Regulations, 2025.

Pending Determinations

The upcoming board meeting will finalize several key aspects of the rights issue:

• Issue price
• Rights entitlement ratio
• Record date
• Timing and terms of payment

These details will be determined by the Board in accordance with applicable laws and subject to necessary approvals.

Company's Financial Position

To provide context for this fundraising initiative, let's look at Travels & Rentals Limited's recent financial position based on their balance sheet data:

The company has shown significant growth in its total assets and equity over the past year, which may have influenced the decision to pursue this rights issue for further expansion or operational needs.

Implications for Shareholders

Existing shareholders of Travels & Rentals Limited should keep an eye out for the outcomes of the December 4, 2025 board meeting, which will determine:

1. The record date for eligibility
2. The rights entitlement ratio
3. The issue price of the new shares

These factors will be crucial in determining the impact on their shareholding and the potential dilution of their current stake in the company.

The rights issue, once completed, is expected to strengthen the company's capital base and provide funds for its future plans. Shareholders and potential investors are advised to await further details and consider their investment decisions carefully based on the complete information once it becomes available.

Travels & Rentals Limited , a company listed on the BSE, has released its unaudited financial results for the half year ended September 30, 2025. The Board of Directors approved these results in a meeting held on November 22, 2025.

Key Financial Highlights

Financial Performance Analysis

The company's financial results for the first half of the fiscal year 2025-26 show a mixed performance:

1. Net Profit: Travels & Rentals Limited reported a net profit of ₹155.95 lacs for the half year ended September 30, 2025. This represents a 10.4% decrease compared to the ₹174.00 lacs reported in the same period last year.

2. Revenue: The company's revenue from operations stood at ₹465.31 lacs, marking a 10.2% decline from the previous year's figure for the same period.

3. Earnings Per Share (EPS): Despite the decrease in net profit and revenue, the company's EPS improved to ₹1.39, up from ₹1.12 in the corresponding period last year, showing a 24.1% increase.

Additional Financial Information

The unaudited financial results also revealed:

• Total income for the half year ended September 30, 2025, was ₹495.31 lacs, which includes ₹30.00 lacs of other income.
• The company's total expenses for the period were ₹286.64 lacs.
• Profit before tax stood at ₹208.67 lacs.

Board Meeting Details

The Board of Directors convened on November 22, 2025, to approve these unaudited financial results. The meeting commenced at 12:00 PM and concluded at 17:45 PM.

Conclusion

While Travels & Rentals Limited has experienced a decline in both revenue and net profit compared to the same period last year, the improvement in earnings per share suggests potential efficiency gains or changes in the company's capital structure. The company continues to operate in a challenging environment, and these results reflect the ongoing adjustments in the travel and rental sectors.