Advik Capital Ltd. Approves Rights Issue of Up to Rs. 100 Crores and Appoints New Company Secretary

Advik Capital Ltd. announced that its Board of Directors approved a rights issue of fully paid-up equity shares worth up to Rs. 100 Crores at a meeting on April 9, 2026. The company also appointed Ms. Chhavi Gupta as the Company Secretary (Key Managerial Personnel) with immediate effect. The Board emphasized compliance with regulatory frameworks and fair market conduct, observing suspicious trading patterns and possible round-tripping of funds by certain entities. They have decided to monitor these activities and strengthen the company's capital and institutional framework.