Onelife Capital Advisors Ltd has announced plans to raise up to ₹300 million via a rights issue, giving existing shareholders the opportunity to purchase additional equity shares. The move aims to bolster capital reserves, fund expansion, and enhance financial flexibility. A board meeting on December 10, 2025 will finalize details.
Onelife Capital Advisors Ltd, a financial services company, has disclosed its intention to raise ₹300 million through a rights issue of equity shares. The proposal will be discussed and approved in the upcoming board meeting scheduled for December 10, 2025, conducted via video conferencing.
The rights issue will allow existing shareholders to subscribe to new shares, typically at a discounted price, thereby strengthening the company’s capital base while ensuring shareholder participation. The funds are expected to support business expansion, working capital needs, and strategic investments.
In compliance with SEBI regulations, the company has also announced a trading window closure from December 5 until 48 hours after the board meeting concludes, applicable to insiders.
Key Highlights / Major Takeaways
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Fundraising Plan: Rights issue up to ₹300 million.
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Board Meeting: Scheduled for December 10, 2025 to finalize terms.
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Shareholder Benefit: Existing investors can buy additional shares, often at a discount.
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Purpose: Strengthen capital reserves, fund expansion, and improve financial flexibility.
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Regulatory Compliance: Trading window closed for insiders until post-meeting.
Sources: ScanX News, Rediff Money