StockWatch
·
Non Banking Financial Company (NBFC)
Board Meeting19 Oct 2026, 07:30 pm

Interactive Financial Services Board Meeting on Oct 23 for Rights Issue Approval

AI Summary

Interactive Financial Services Ltd has announced a Board of Directors meeting scheduled for October 23, 2026. The primary agenda is to consider and approve the details of a proposed Rights Issue of equity shares. This includes determining the issue price, entitlement ratio, total securities to be issued, issue size, and the timing of the issue. The Board will also approve the Letter of Offer, CAF Application, and related ancillary documents. Additionally, the Record Date for the Rights Issue will be finalized. The company has already received in-principle approval from BSE for the Rights Issue.

Key Highlights

  • Board meeting scheduled for October 23, 2026.
  • To consider and approve a Rights Issue of equity shares.
  • Key details like price, ratio, and size to be determined.
  • Approval of Letter of Offer and ancillary documents.
  • Finalization of Record Date for the Rights Issue.