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Travels & Rentals Ltd. launched a ₹16.8 crore rights issue from Feb 5 to Mar 6, 2026, offering shareholders new shares at ₹15 each to boost working capital.
Travels & Rentals Limited, a BSE SME-listed travel services company, has launched a Rs 16.80 crore rights issue from February 5 to March 6, 2026, with a record date of January 28, 2026.
Shareholders can buy one new share at Rs 15 each for every existing share held, with a face value of Rs 10.
The proceeds will support working capital, operational cash flow, and general corporate needs amid seasonal demand and vendor payment challenges.
The company, established in 1996 and listed since September 2024, offers travel services including bookings, visas, and insurance, and is accredited by IATA and the Ministry of Tourism.
Promoters include Devendra Bharat Parekh, Karuna Parekh, Anupama Singhi, and Tushar Singhi.
Applications can be made via ASBA, and rights may be renounced on-market until March 2, 2026.
Travels & Rentals Ltd. lanzó una emisión de derechos de ₹16.8 crores del 5 de febrero al 6 de marzo de 2026, ofreciendo a los accionistas nuevas acciones a ₹15 cada una para aumentar el capital de trabajo.