Rights Issue24 Jul 2026, 03:12 pm
SI Capital Approves Rights Issue Up to ₹757.5 Lakhs
AI Summary
SI Capital & Financial Services Ltd announced its Board of Directors has approved a Rights Issue to raise up to ₹757.50 Lakhs. The issue involves up to 75,75,000 equity shares of face value ₹10 each, priced at ₹10 per share. Existing shareholders will be entitled to 3 equity shares for every 2 shares held on the record date, July 31, 2026. The company has received 'In Principle Approval' from BSE Limited for the issue. The Rights Issue period will open on August 10, 2026, and close on September 3, 2026. Shareholders can apply for the issue or renounce their Rights Entitlements (REs) via on-market or off-market transfers.
Key Highlights
- Board approved Rights Issue to raise up to ₹757.5 Lakhs.
- Issue price set at ₹10 per equity share.
- Entitlement ratio is 3:2 for existing shareholders.
- Record date for eligibility is July 31, 2026.
- Rights Issue opens August 10 and closes September 3, 2026.
Price Impact
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