Rights Issue23 Oct 2026, 08:11 pm
Interactive Financial Services Ltd Approves Rights Issue of ₹58.91 Cr
AI Summary
Interactive Financial Services Ltd announced that its Board of Directors has approved a Rights Issue to raise ₹5,890.61 Lakhs (₹58.91 Crore). The issue will offer 58,906,105 equity shares at ₹10 each to existing shareholders. The record date for the rights issue is set for October 30, 2026. The rights issue will open on November 6, 2026, and close on November 26, 2026. The entitlement ratio is 17 rights equity shares for every 2 equity shares held.
Key Highlights
- Board approved a Rights Issue of ₹58.91 Crore.
- Offering 58,906,105 equity shares at ₹10 each.
- Record date set for October 30, 2026.
- Rights issue opens November 6, closes November 26, 2026.
- Entitlement ratio: 17 shares for every 2 held.
Price Impact
More from IFINSER