#StockMarketIndia

05 Feb

Travels and Rentals Ltd Announces Rs 16.80 Crore Rights Issue; Record Date Set for Jan 28

Shruti JoshiBusiness#BusinessNews, #CapitalRaising, #EquityMarkets, #StockMarketIndia, #TravelsAndRentalsLtd

Mumbai (Maharashtra) [India], February 05: Travels & Rentals Limited, a BSE SME-listed travel services company, has announced a Rights Issue worth Rs 16.80 crore, aimed at strengthening its working capital position and supporting general corporate requirements. The company’s rights issue will open on February 5, 2026 and close on March 6, 2026, as per information shared by the company. The record date for determining eligible shareholders has been fixed as January 28, 2026. The issue will be offered in the ratio of 1:1, meaning shareholders will be entitled to apply for one equity share for every one equity share held as on the record date. Issue…

05 Feb

Presstonic Engineering announces INR 26.98-crore rights issue to fund working capital, reduce borrowings

Shruti JoshiBusiness#CorporateNews, #InvestorUpdate, #PresstonicEngineering, #RightsIssue, #StockMarketIndia, #WorkingCapital

Presstonic Engineering Limited Mumbai (Maharashtra) [India], February 05: Presstonic Engineering Limited, an NSE-listed company engaged in the manufacturing of metro rail rolling stock products, metro rail signalling products, and infrastructure products, has announced a ₹26.98-crore Rights Issue as part of its plan to strengthen the balance sheet and support business expansion. The company, which was listed on the NSE EMERGE platform on December 18, 2023, supplies critical components to reputed global and domestic OEMs involved in the manufacturing and servicing of rail and metro rolling stock and signalling equipment. Issue details: 1:1 rights offer at ₹35 per share As per…