Containe Technologies Board Approves ₹21 Crore Rights Issue

On June 24, 2026, the Board of Directors of Containe Technologies Limited approved a proposal to raise capital through a rights issue.

Instrument: Equity shares
Face Value: ₹10 per share
Maximum Issue Size: ₹2,100 lakhs (₹21 crore)
Term: The issue will be made to eligible equity shareholders of the Company as on a record date, which is to be determined and notified subsequently.
Governing Regulations: The issue will be conducted in accordance with the Companies Act, 2013, SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and other applicable laws.

A meeting of the Board of Directors is scheduled to be held on Wednesday, July 01, 2026.

The agenda is to consider, discuss, and decide on various matters pertaining to the approved rights issue, including but not limited to:

Determination of the specific Rights Issue price
Related payment mechanism
Rights entitlement ratio (the ratio at which shares will be offered to existing shareholders)
Fixing the record date for determining shareholder eligibility
Finalizing the timing and schedule of the Rights Issue

The company's registered office is located at 3-13-142 / 341P, 342, Gokul Nagar, Marriguda, Mallapur, Hyderabad - 500076, Telangana, India.