Elevating Horizons: Board Greenlights ₹500 Million Fundraise Options

Nikunj Parikh May 20, 2026 320 Views

L.T. Elevator Limited has approved an enabling resolution to raise up to ₹500 million through multiple modes of securities issuance. The board decision, taken on May 20, 2026, paves the way for flexible fundraising options including equity, convertible instruments, and debentures, subject to shareholder and regulatory approvals.