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TMI BlogRemedium Lifecare Announces INR 49.19 Cr Rights Issue for ExpansionX X X X Extracts X X X X X X X X Extracts X X X X ..... Remedium Lifecare Announces INR 49.19 Cr Rights Issue for Expansion X X X X Extracts X X X X X X X X Extracts X X X X ..... approval paves the way for the company to raise growth capital from its existing shareholders, further strengthening its financial foundation and supporting its strategic initiatives, including manufacturing expansion, product development, and global market penetration. Key Highlights of the Rights Issue (as approved): • Record Date: Tuesday, April 15, 2025 • Issue Size: ?4,919.04 Lakhs (Assumi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ng Full Subscription) • Price per Share: ?1.00 per Equity Share • Total Number of Shares: 49,19,04,000 fully paid-up equity shares of face value ?1/- each • Rights Ratio: 61 Rights Equity Shares for every 50 fully paid-up equity shares held as on the Record Date • Instrument: Fully paid-up equity shares having a face value of ?1/- each • Purpose: Working capital Requirements, Equipment for R&D and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... expansion “This approval from the BSE marks a significant milestone in our journey. We remain committed to enhancing shareholder value while scaling up our operations responsibly and sustainably,” said Adarsh Munjal , Whole Time Director, Remedium Lifecare Ltd. The rights issue comes at a time when Remedium Lifecare is gaining strong traction in international markets. In February 2025, the comp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... any secured a multi-year export contract worth ?182.7 crore with a leading UK-based pharmaceutical distributor. The company is well- positioned to capitalize on rising global demand in key therapeutic segments such as anti- infectives, cardiovascular, CNS, and oncology-supportive drugs. About Remedium Lifecare: Founded in 1988, Remedium Lifecare Ltd. is a BSE-listed pharmaceutical company engage ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d in the supply of Active Pharmaceutical Ingredient (API) intermediates and specialty chemicals. With an emphasis on quality, compliance, and global reach, the company continues to expand its presence while playing a pivotal role in India’s pharmaceutical ecosystem. (Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ame.). PTI PWR PWR
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