Jyoti Structures Limited successfully closed its Rights Issue of equity shares on March 10, 2025, after opening on February 17, 2025. The company raised ₹459.69 crores, achieving 92.11% of its targeted ₹499.09 crores. This strong investor response reflects confidence in the company’s growth potential.
In the exchange filing, the company shares, “The Rights Issue of equity shares of Jyoti Structures Limited which was opened on February 17, 2025 was closed on March 10th, 2025. Against the issue size of Rs 499.09 crores, a subscription of Rs. 459.69 Crores, amounting to 92.11% of the issue size was received. The Company is sincerely grateful to the shareholders for standing by the company.”
With an impressive order book exceeding ₹1,800 crores, Jyoti Structures is set for significant expansion. The majority of these projects are expected to be executed within the next 12 to 18 months, further strengthening the company’s market position.
The management expressed gratitude to shareholders for their unwavering support. With robust financial backing and a solid order pipeline, Jyoti Structures aims to scale new heights in the power infrastructure sector.
