Faalcon Concepts Limited’s Board of Directors has approved an issue of equity shares via a rights issue, aiming to raise up to ₹22 crore. This move is intended to expand the company’s capital base. The specific terms of the rights issue, including the issue price and entitlement ratio, will be determined by the Board and disclosed in due course. This initiative is subject to necessary regulatory and statutory approvals.
Board Approves Capital Infusion
Faalcon Concepts Limited announced today, September 14, 2026, that its Board of Directors has given its approval for a significant capital raising initiative. The company will proceed with an issue of equity shares through a Rights Issue. This strategic decision aims to bolster the company’s financial resources by raising an amount of up to ₹22 crore (Rupees Twenty Two Crores Only).
Details of the Rights Issue
The proposed Rights Issue will be offered to the eligible shareholders of Faalcon Concepts Limited, with the record date to be determined and announced subsequently. The face value of the equity shares to be issued is Rs. 10 Each. While the total number of equity shares to be issued and the final amount will be determined after receiving in-principle approval from the Stock Exchange, the total amount for which the equity shares will be issued is capped at ₹22 crore. The specific terms, including the issue price, rights entitlement ratio, record date, and payment terms, will be decided by the Board of Directors and communicated to the Stock Exchanges in due course.
Regulatory Compliance
This decision is in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The company has also provided the required disclosure as per SEBI Circular No. SEBI/HO/CFD/PoD2/CIRIP/0155 dated November 11, 2024, marked as Annexure-I.
Meeting Details
The Board meeting where this approval was granted commenced at 12:00 p.m. and concluded at 12:20 p.m. on September 14, 2026.
Source: BSE
