Mehai Technology's rights issue boosts capital by over ₹370m

Mehai Technology Limited announced the outcome of its Rights Issue Committee meeting held on October 20, 2025, approving the allotment of 370.53m fully paid-up equity shares. These shares were issued at ₹2 per equity share, including a premium of ₹1 per share, pursuant to the Rights Issue aggregating up to ₹741.06m.

This allotment to eligible equity shareholders and renouncees follows earlier intimations in August and September 2025, regarding the raising of funds. As a result, the paid-up equity share capital of Mehai Technology Limited has surged from ₹378.09m to ₹748.62m.

The allotment was finalized in consultation with the registrar to the issue, Integrated Registry Management Services Private Limited, and BSE Limited.