Investment20 Feb 2026, 04:01 pm
SI Capital & Financial Services Ltd. Approves Rs. 10 Crore Rights Issue
AI Summary
SI Capital & Financial Services Ltd. announced the outcome of its Board meeting held on 20.02.2026. The Board approved a proposal for a Rights Issue of equity shares worth up to Rs. 10 Crore. The Rights Issue is subject to applicable laws, including the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, and the Companies Act, 2013. The Rights Issue committee will decide the terms and conditions, including the record date, rights issue price, rights entitlement ratio, and appointment of intermediaries.
Key Highlights
- SI Capital & Financial Services Ltd. approved a Rights Issue of equity shares worth up to Rs. 10 Crore.
- The Rights Issue is subject to applicable laws and regulations.
- The Rights Issue committee will decide the terms and conditions of the Rights Issue.
- The Board also approved the constitution of the Rights Issue committee.
- The Board meeting commenced at 03.30 P.M and concluded at 03.50 PM.