Rights Issue22 Jul 2025, 08:08 pm
Indian Infotech & Software Ltd Announces Rights Issue of Equity Shares
AI Summary
Indian Infotech & Software Ltd, at its board meeting on 22nd July, 2025, approved a rights issue of equity shares. The company will issue up to 42,23,47,590 equity shares of face value = 1.00 (Rupee One Only) each at an issue price of = 1.10/- per share (including premium of 0.10/- per share) for an amount aggregating of 2 46,45,82,349 /-. The record date for the purpose of determining the shareholders entitled for Rights Issue is Monday 28th July, 2025.
Key Highlights
- Rights issue of up to 42,23,47,590 equity shares at = 1.10/- per share
- Record date for determining shareholders entitled for Rights Issue is Monday 28th July, 2025
- Issue price includes premium of 0.10/- per share
- Aggregate amount of the issue is 2 46,45,82,349 /-
- The company has received in-principle approval from BSE Limited for the rights issue
Price Impact
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