Textile penny stock below Rs 5 rights issue oversubscribed by 124 per cent, raising Rs 45.04 crore for strategic growth Textile penny stock below Rs 5 rights issue oversubscribed by 124 per cent, raising Rs 45.04 crore for strategic growth Strong investor confidence fuels the company's ambitious expansion plans, with the Rs 45.04 crore rights issue seeing overwhelming demand. Vardan Pandhare / Monday, February 10, 2025 / Article rating: 4.3