Investment20 Feb 2026, 04:07 pm
SI Capital & Financial Services Ltd. Approves Rs. 10 Crore Rights Issue
AI Summary
SI Capital & Financial Services Ltd. announced that its Board of Directors has approved the issuance of equity shares worth up to Rs. 10 Crore through a rights issue to eligible equity shareholders. The decision was made during a meeting held on Friday, 20th February, 2026. The company will constitute a Rights Issue committee to decide on the terms and conditions of the issue, including 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 worth up to Rs. 10 Crore through a rights issue
- The decision was made during the Board of Directors meeting held on 20th February, 2026
- A Rights Issue committee will be formed to decide on the terms and conditions of the rights issue
- The eligible equity shareholders will receive the rights issue
- The decision is in accordance with applicable laws and regulations, including SEBI regulations and Companies Act, 2013