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 [...]

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PNN Verified Media or Organization • 16 Apr, 2026 Agency
Apr 17, 2025 • 2:56 PM
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BSE Grants In Principle Approval To Sattva Sukun Lifecare For Rights Issue Up To Rs 49.50 Cr
“BSE Grants In Principle Approval To Sattva Sukun Lifecare For Rights Issue Up To Rs 49.50 Cr”
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17 Apr 2025
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BSE Grants In Principle Approval To Sattva Sukun Lifecare For Rights Issue Up To Rs 49.50 Cr
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 deemed appropriate, the funds may also be used to form or acquire new subsidiaries or associate companies for business expansion and diversification, or to invest in identified companies with high growth potential.

Mr. Mit Brahmbhatt, Managing Director of Sattva Sukun Lifecare Limited said, “The in-principle approval from BSE for the Rights Issue is an important milestone for us as we continue to strengthen our market position and drive innovation in burner manufacturing. The proceeds from this issue will be strategically utilized to strengthen our working capital, support business expansion, and invest in our existing and potential subsidiaries. As we continue to witness strong demand for our premium aroma and home decor products, this capital infusion will enable us to scale operations, enhance product innovation, and expand our market presence.

PNN Verified Media or Organization • 16 Apr, 2026 Agency

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