Investment23 Feb 2026, 03:49 pm
SI Capital & Financial Services Ltd. Announces Rights Issue of Up to INR 10 Crore
AI Summary
SI Capital & Financial Services Ltd. announced that its Board of Directors approved a proposal for a Rights Issue of equity shares with a face value of INR 10.00, for an amount not exceeding INR 10,00,00,000 to eligible equity shareholders. The Rights Issue committee will decide on the record date, rights issue price, rights entitlement ratio, appointment of intermediaries, and other related matters.
Key Highlights
- SI Capital & Financial Services Ltd. to issue equity shares up to INR 10,00,00,000 through a Rights Issue.
- The Rights Issue is open to eligible equity shareholders as on the Record date, to be notified later.
- The Rights Issue committee will decide on the record date, rights issue price, rights entitlement ratio, appointment of intermediaries, and other related matters.
- The decision was made at the Board Meeting held on 20th February, 2026.
- The proposed issuance of securities is in accordance with applicable laws, including SEBI (ICDR) Regulations, SEBI (LODR) Regulations, and Companies Act, 2013.