SEPC Ltd Approves Conversion of 24.2 Mn Partly Paid Shares

SEPC Ltd's Rights Issue Committee approved the conversion of 24,236,652 partly paid-up equity shares into fully paid-up equity shares following the receipt of final call money. This decision follows a previous intimation dated April 13, 2026, regarding a First and Final Reminder Cum Forfeiture Notice for 49,291,505 partly paid-up shares issued on a rights basis, pursuant to a Letter of Offer dated May 22, 2025. The company received payment for 24,236,652 shares out of the 49,291,505 shares for which the call notice was sent.