Innovassynth Technologies (India) Fund Raise
Innovassynth Technologies (India) Ltd allotted 1,40,69,636 equity shares to promoter group members via a rights issue. The group's total holding increased from 73.70% to 75.04%.
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Innovassynth Technologies (India) Ltd allotted 1,40,69,636 equity shares to promoter group members via a rights issue. The group's total holding increased from 73.70% to 75.04%.
Innovassynth Technologies allotted 1,74,11,380 equity shares via a ₹69.65 Crore rights issue. The issue was oversubscribed by 155.29%, strengthening the company's capital base.
Innovassynth Technologies (India) Limited has dispatched materials for its ₹69.65 Crore rights issue. The company is issuing 1.74 crore shares at ₹40 each to eligible shareholders in a 3:13 ratio as of the April 29, 2026 record date.
Innovassynth Technologies (India) Ltd issued a correction regarding its Rights Issue Committee meeting held on April 23, 2026. The update clarifies that the outstanding equity shares prior to the issue are 7,54,49,316. Post-issue, assuming full subscription, the total share count will rise to 9,28,60,696 fully paid-up shares.