India Homes Ltd Receives In-Principle Approval for Proposed Rights Issue of Partly Paid-up Equity Shares from BSE Limited
India Homes Ltd has secured in-principle approval from BSE Limited regarding its proposed rights issue of partly paid-up equity shares. This clearance allows the company to proceed with the upcoming securities offering.The approval was granted by BSE Limited on July 23, 2026, allowing India Homes Ltd to use the exchange's name in its Letter of Offer pertaining to the proposed rights issuance.
BSE Limited scrutinized the matter for internal purposes related to granting the permission to the company. The approval is subject to India Homes Ltd completing all necessary post-issue requirements and adhering to statutory and listing formalities.
Stock Price Movement
India Homes Ltd. slipped to ₹21.97 in post-market trading on Thursday, registering a decline of 0.50%. The shares traded through a notable intraday range, fluctuating between a low of ₹21.61 and a high of ₹22.13.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.
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