Onelife Capital Advisors Fixes Rights Issue Price at ₹15 Per Share, Offering Attractive Entry for Investors

Onelife Capital Advisors Ltd Fixes Rights Issue Price at ₹15 Per Share
Onelife Capital Advisors Ltd has disclosed that the rights issue price has been set at ₹15 per share, marking a significant step in its capital-raising strategy.

Key Highlights:

Rights Issue Pricing: The board has finalized the issue price at ₹15 per share, offering existing shareholders a cost-effective entry point.

Strategic Objective: The capital raised will be directed toward strengthening liquidity, funding expansion plans, and enhancing operational efficiency.

Shareholder Opportunity: The rights issue provides current investors with a chance to increase their stake at a discounted valuation, aligning with long-term growth prospects.

Industry Context: With India’s capital markets witnessing heightened activity, rights issues remain a preferred route for companies to raise funds while rewarding existing shareholders.

Future Outlook: Onelife Capital Advisors aims to leverage this fundraising to reinforce financial stability and pursue new opportunities in advisory and investment services.

This announcement underscores the company’s commitment to shareholder value creation and strategic capital management, positioning it for sustainable growth in India’s financial services sector.

Sources: Reuters, Economic Times, Business Standard