Rights Issue21 Aug 2026, 06:20 pm
NCL Research Approves Rights Issue of ₹499.48 Cr
AI Summary
NCL Research & Financial Services Ltd announced a revised submission regarding its upcoming rights issue. The company plans to issue 49,94,86,400 equity shares of face value Re. 1 each, aggregating up to ₹4,994.86 lakhs. This issue is structured with a Right Entitlement Ratio of 7 new Equity Shares for every 15 existing shares held by eligible shareholders as of the Record Date. The Board of Directors has approved August 27, 2026, as the Record Date for determining eligibility. Arrangements have been made with NSDL & CDSL for crediting the Right Entitlement in dematerialized form.
Key Highlights
- Company announces rights issue of ₹4,994.86 lakhs.
- 7 new shares for every 15 existing shares.
- Record date set for August 27, 2026.
- Issue complies with SEBI ICDR Regulations.
- Entitlements to be credited in demat accounts.
Price Impact
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