L.T. Elevator Board approved an enabling resolution to raise up to ₹50 crore via various securities issuance.
Fundraising methods may include preferential allotment, QIP, rights issue, or private placement, subject to shareholder approval.
The Board authorized management to finalize modes, identify investors, and determine pricing per SEBI ICDR Regulations.
The resolution requires subsequent shareholder approval via general meeting or postal ballot for implementation.