StockWatch
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Diversified Commercial Services
Rights Issue9 Sept 2026, 05:50 pm

SI Capital Allots 75.75 Lakh Rights Shares, Capital Rises

AI Summary

SI Capital & Financial Services Ltd announced the outcome of its board meeting held on September 9, 2026. The board approved the allotment of 75,75,000 fully paid-up rights equity shares at a price of ₹10.00 per share. This allotment follows the Letter of Offer dated July 24, 2026, and the finalization of the basis of allotment approved by BSE. Post-allotment, the company's paid-up capital has increased from ₹5,05,00,000/- to ₹12,62,50,000/-. The board meeting commenced at 5:00 PM and concluded at 5:30 PM.

Key Highlights

  • Board approved allotment of 75.75 lakh rights equity shares.
  • Allotment price fixed at ₹10.00 per share.
  • Paid-up capital increased to ₹12,62,50,000/-.
  • Allotment based on Letter of Offer dated July 24, 2026.
  • BSE approved the basis of allotment for the rights issue.