StockWatch
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Non Banking Financial Company (NBFC)
Rights Issue14 Sept 2026, 04:19 pm

Interactive Financial Services approves Draft Letter of Offer for Rights Issue

AI Summary

Interactive Financial Services Ltd announced that its Board of Directors, in a meeting held on September 14, 2026, has approved the Draft Letter of Offer. This approval is in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The company plans to issue equity shares on a rights basis to eligible shareholders. The Draft Letter of Offer details the terms of the issue, including the ratio of shares, issue price, and payment schedule, though specific figures for the number of shares and total amount are redacted in the provided text. The company also confirmed it has no identifiable promoter and has not been flagged as a wilful defaulter or fraudulent borrower.

Key Highlights

  • Board approved Draft Letter of Offer for a rights issue.
  • Issue is for eligible equity shareholders on a rights basis.
  • Company has no identifiable promoter.
  • No directors identified as wilful defaulters or fraudulent borrowers.