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Tag: #WorkingCapital

Presstonic Engineering announces INR 26.98-crore rights issue to fund working capital, reduce borrowings

Posted on February 5, 2026 By Anjali Chatterjee
Presstonic Engineering announces INR 26.98-crore rights issue to fund working capital, reduce borrowings

Presstonic Engineering Limited Mumbai (Maharashtra) [India], February 05: Presstonic Engineering Limited, an NSE-listed company engaged in the manufacturing of metro rail rolling stock products, metro rail signalling products, and infrastructure products, has announced a ₹26.98-crore Rights Issue as part of its plan to strengthen the balance sheet and support business expansion. The company, which was…

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