Key Committee Approvals
The Rights Issue Committee of Arvaya Healthcare Limited, acting under delegated authority from the Board of Directors, approved the following at its meeting held on Friday, November 06, 2026 (5:00 PM to 6:00 PM):
1. Draft Letter of Offer Approval
The Committee approved and adopted the Draft Letter of Offer (DLOF) for:
- Issue of partly paid-up equity shares of face value of ₹10 each
- Aggregate amount: Up to ₹20,580.00 lakhs (₹205.80 crores)
- Basis: Rights issue to eligible equity shareholders as on the Record Date
- Legal basis: Section 62(1)(a) of Companies Act, 2013, Chapter III and Part B of Schedule VI of SEBI ICDR Regulations 2018
- Assumption: Full subscription, allotment and receipt of all call monies
The Committee also approved filing the DLOF with:
- BSE Limited (Designated Stock Exchange)
- Securities and Exchange Board of India
- Any other authority as required under applicable law
2. In-Principle Approval Application
The Committee approved making an application to BSE Limited under Regulation 28(1) of SEBI Listing Regulations for obtaining in-principle approval for listing of the Rights Equity Shares. The application will include the DLOF and all requisite documents, certificates, undertakings and confirmations prescribed by BSE.