The Board of Directors of HealthCare Global Enterprises Limited is scheduled to meet on February 17, 2026, to consider and approve a proposal for fundraising. The fundraising will be executed through the issuance of equity shares via a rights issue. Further details regarding the specifics of the issue will be disclosed following board approval. The trading window for company personnel is closed from February 9, 2026, until February 26, 2026.
Fundraising on the Horizon
HealthCare Global Enterprises Limited (HCG) has announced that its Board of Directors will convene a meeting to discuss and potentially approve a fundraising initiative. The meeting is scheduled for February 17, 2026, where the board will deliberate on the proposal to raise funds through the issuance of equity shares.
Equity Share Issuance via Rights Issue
The proposed method for raising capital is through a rights issue of equity shares. This means that existing shareholders will be given the opportunity to purchase new shares in proportion to their current holdings, before they are offered to the public. The specifics of the rights issue, including the number of shares to be issued and the price per share, will be determined and announced following board approval.
Trading Window Closure
In accordance with company policy, the trading window for dealing in the company’s securities has been closed for all designated persons. This closure began on February 9, 2026, and will remain in effect until February 26, 2026. This measure is in place to ensure compliance and prevent any potential insider trading during the period leading up to and following the board meeting.
Source: BSE
