StockWatch
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Non Banking Financial Company (NBFC)
Rights Issue23 Oct 2026, 08:30 pm

Interactive Financial Services Ltd Rights Issue: ₹58.91 Cr

AI Summary

Interactive Financial Services Ltd has submitted its Letter of Offer for a Rights Issue of 5,89,06,105 equity shares, each with a face value of ₹10, at an issue price of ₹10 per share. The total issue size aggregates to ₹5890.61 Lakhs (₹58.91 Crore). Eligible equity shareholders will receive 17 Rights Equity Shares for every 2 fully paid-up Equity Shares held as of the record date, October 30, 2026. The Letter of Offer, dated October 23, 2026, was approved by the Board of Directors on the same date. The company confirmed it has no identifiable promoters and is professionally managed.

Key Highlights

  • Rights Issue of 5,89,06,105 shares at ₹10 each.
  • Total issue size of ₹58.91 Crore.
  • Shareholders receive 17 shares for every 2 held.
  • Record date set for October 30, 2026.
  • Company has no identifiable promoters.