Cubical Financial Services Allots 5.11 Cr Shares on Preferential Basis

Cubical Financial Services Ltd announced the allotment of 5,11,00,000 equity shares of face value Rs. 2 each at an issue price of Rs. 2.50 per share, aggregating to Rs. 12,77,50,000/-. This allotment is part of a preferential issue and represents the second tranche, following an earlier allotment of 2,89,00,000 shares. The company received necessary approvals from BSE and RBI for this issuance. The shares allotted rank pari passu with existing equity shares. The meeting where this was approved commenced at 12:00 PM and concluded at 1:00 PM on September 14, 2026.