Artemis Medicare Services Board Approves Plans to Raise Up To Rs 700 Crores Through Share Issuance
The Board of Directors of Artemis Medicare Services Limited has approved plans to raise funds through the issuance of Equity Shares and other eligible securities, seeking shareholder approval via a postal ballot.At its meeting held on June 4, 2026, the Board considered and approved seeking investor capital for an aggregate amount not exceeding Rs 700 crores (Rupees Seven Hundred Crores Only). The funds will be raised through the issuance of Equity Shares and/or other eligible securities in accordance with applicable laws.
The company stated that the plan is subject to receiving necessary regulatory and statutory approvals. Following the approval by the Board, Artemis Medicare Services Limited plans to circulate a Postal Ballot Notice regarding this matter to its members.
The meeting of the Board of Directors commenced at 4:30 PM and concluded at 6:00 PM.
ARTEMISMED Stock Price Movement
Artemis Medicare Services Limited closed higher today, edging up 0.76% to settle at ₹271.1 after gaining ₹2.05 per share. The stock saw solid trading activity in the session, with a total traded volume of 126,939 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.