
Suvidhaa Infoserve Board Meeting on Oct 29 for Rights Issue Approval
Suvidhaa Infoserve Ltd has announced that its Board of Directors will convene on October 29, 2026, to consider and approve a proposed Rights Issue of equity shares. This meeting follows earlier communications regarding the Rights Issue, including a Draft Letter of Offer filed on June 30, 2026. The company has received in-principle approvals from both BSE Limited and National Stock Exchange of India Limited for the issue. The board will determine key aspects of the Rights Issue, such as issue price, entitlement ratio, issue size, record date, payment mechanism, and schedule, in compliance with relevant regulations. The trading window for designated persons will remain closed until 48 hours after the board meeting.
Key Highlights
- Board meeting scheduled for October 29, 2026, to approve Rights Issue.
- Company has secured in-principle approvals from both stock exchanges.
- Key terms like issue price, size, and record date to be decided.
- Trading window closure in effect for designated persons.
Price Impact
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