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Bhandari Hosiery Board to Weigh Rs 50 Crore Rights Issue for Working Capital

Story Highlights
  • Bhandari Hosiery’s board will meet on 2 January 2026 to consider raising up to Rs 50 crore in equity via a rights issue.
  • The company may form a Rights Issue Committee to manage execution, terms, and intermediaries under updated SEBI regulations.
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Bhandari Hosiery Board to Weigh Rs 50 Crore Rights Issue for Working Capital

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The latest announcement is out from Bhandari Hosiery Exports Ltd ( (IN:BHANDARI) ).

Bhandari Hosiery Exports Limited has announced that its board of directors will meet on 2 January 2026 to consider raising up to Rs 50 crore in long-term equity through a rights issue aimed at strengthening the company’s working capital. The board will also deliberate on forming an empowered Rights Issue Committee to oversee execution of the issue, set its terms, and appoint intermediaries in line with the updated SEBI regulations on rights issues, signaling a move to bolster liquidity and support ongoing operations and growth plans.

More about Bhandari Hosiery Exports Ltd

Bhandari Hosiery Exports Limited is an India-based company operating in the textile and apparel sector, with a focus on hosiery products and exports. Headquartered in Ludhiana, Punjab, it serves both domestic and international markets through the manufacture and sale of knitwear and related garments.

Average Trading Volume: 32,706

Technical Sentiment Signal: Sell

Current Market Cap: 960.2M INR

See more data about BHANDARI stock on TipRanks’ Stock Analysis page.

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