StockWatch
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Non Banking Financial Company (NBFC)
Rights Issue9 Sept 2026, 12:43 pm

Interactive Financial Services Ltd Approves Rights Issue of ₹62 Cr

AI Summary

Interactive Financial Services Ltd announced today that its Board of Directors has approved a rights issue to raise up to ₹62.00 crores. The funds will be raised through the issuance of equity shares to existing shareholders. The board meeting, held on September 9, 2026, commenced at 12:00 PM and concluded at 12:30 PM, during which this significant fundraising decision was made and approved in compliance with SEBI regulations.

Key Highlights

  • Board approved a rights issue to raise funds.
  • Total fundraising target is up to ₹62.00 crores.
  • Equity shares will be issued to existing shareholders.
  • The decision was made during a board meeting on September 9, 2026.
  • The move complies with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.