The Board of Directors of HealthCare Global Enterprises Limited, in its meeting held on February 17, 2026, approved the issuance of fully paid-up equity shares via a rights issue. The total amount to be raised is not to exceed ₹42,500 Lakhs (₹4,250 crore). The offer is open to eligible equity shareholders as on a soon-to-be-determined record date, subject to necessary regulatory clearances. Specific terms like issue price will be finalized later.
Board Sanction for Equity Issuance
HealthCare Global Enterprises Limited announced that its Board of Directors convened on February 17, 2026, where they passed a resolution to proceed with a significant fundraising activity. The Board has approved, inter alia, the issuance of fully paid-up equity shares with a face value of ₹10 each.
Terms of the Rights Issue
The proposed issuance will be conducted by way of a rights issue, exclusively targeted toward the eligible equity shareholders of the Company as of the determined record date. The aggregate amount proposed to be raised through this issuance will not exceed ₹42,500 Lakhs (Rupees Forty Two Thousand and Five Hundred Lakhs).
The Board acknowledged that the final determination of crucial elements, including the issue price, the rights entitlement ratio, the record date, and the exact terms of payment, will be delegated to the Rights Issue Committee of the Board or the Board itself and disclosed to the exchanges in due course.
Meeting Conclusion
The Board meeting commenced at 5 p.m. and concluded successfully at 7.25 p.m. on the date of the announcement.
Source: BSE
