Agastya Energy Approves ₹5.66 Billion Preferential Share Issue
The proposed capital raise remains subject to shareholder approval
September 16, 2026
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Agastya Energy and Infrastructure’s (Agastya Energy) board of directors has approved a preferential issue of equity shares and convertible warrants totaling approximately ₹5.66 billion (~$59.32 million).
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Melvin Mathew
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