Rights Issue24 Jul 2026, 02:35 pm
SI Capital Approves Rights Issue Up to ₹757.50 Lakhs
AI Summary
SI Capital & Financial Services Ltd announced the outcome of its Board Meeting held on July 24, 2026. The board approved a Rights Issue of equity shares, not exceeding ₹757.50 Lakhs. The issue will offer up to 75,75,000 equity shares of face value ₹10 each at a price of ₹10.00 per share. The entitlement ratio is 3:2, meaning 3 equity shares for every 2 held. The record date for determining eligible shareholders is July 31, 2026. The Rights Issue will open on August 10, 2026, and close on September 3, 2026. The company has received 'In Principle Approval' from BSE Limited for this issue.
Key Highlights
- Board approved a Rights Issue up to ₹757.50 Lakhs.
- Issue price set at ₹10.00 per equity share.
- Entitlement ratio is 3 equity shares for every 2 held.
- Record date for eligibility is July 31, 2026.
- Rights Issue opens August 10 and closes September 3, 2026.
Price Impact
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