India Homes Ltd Rights Issue

India Homes Ltd has received in-principle approval from BSE for a proposed rights issue of partly paid-up equity shares. The company must ensure a qualified Company Secretary serves as the Compliance Officer to avoid public shareholding non-compliance in the future. Key points to note include:
- The approval is subject to certain conditions
- The company must comply with the requirements to move forward with the rights issue
- The company is taking steps to ensure compliance with regulatory requirements