Hela Apparel Holdings Raises Rs. 1.6 Billion Through Successful Rights Issue
Hela Apparel Holdings PLC has successfully raised Rs. 1,596,826,135 through its recent rights issue, marking a significant step in the company’s financial strategy. The issue offered 319,365,227 Ordinary Voting Shares to existing shareholders on a proportional basis and was oversubscribed, showing strong backing from shareholders, including the company’s top three stakeholders. The funds raised will