HealthCare Global Enterprises Completes ₹424 crore Rights Issue
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HealthCare Global Enterprises completed a ₹424 crore rights issue at ₹512 per share, boosting its paid‑up equity to ₹149.30 crore.
- The issue placed 8,294,566 new shares at a ₹502 premium over the previous market price, signaling strong investor confidence.
- Paid‑up equity capital rose from ₹141.01 crore (14,10,07,637 shares) to ₹149.30 crore (14,93,02,203 shares), enhancing liquidity for debt servicing, capex, or R&D.
- Record date for entitlement: 2 Mar 2026; Rights Issue Committee met on 27 Mar 2026 (8:10 pm‑10:00 pm).
- Non‑participating shareholders face a modest dilution of voting power and earnings per share, while the premium pricing may set a higher benchmark for future equity offerings.
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