Prabhhans Industries to Raise Funds via Rights Issue on March 20

Prabhhans Industries Ltd. will hold a board meeting on March 20, 2025, to approve a rights issue of equity shares aimed at raising capital for business expansion. The company reported a 9% annual revenue growth (₹74.49 crore trailing 12-month revenue) and a pre-tax margin of 4% in recent filings. Its stock surged 69.6% over six months, closing at ₹119.50 on March 17, 2025, with a market cap of ₹74.7 crore. The rights issue proposal follows earlier financial results approval for Q3 FY25 and strategic shifts, including relocating its registered office to Punjab.

 

Sources: BSE, NSE, Prabhhans Industries filings