BSE Grants In Principle Approval To Sattva Sukun Lifecare For Rights Issue Up To Rs 49.50 Cr

Mumbai (Maharashtra) [India], April 17:  Sattva Sukun Lifecare Limited (Sattva Sukun, The Company) engaged in the manufacturing of aroma and home decor products, proposes to open its Right Issue and aiming to raise ₹ 49.50 Crore. The company has received in-principle approval from the Bombay Stock Exchange on 27th March for its proposed rights issue.

The net proceeds from the Rights Issue will be utilized to meet the working capital requirements of the company, support business expansion, and invest in existing subsidiaries. If…