StockWatch
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Financial Technology (Fintech)
Rights Issue8 Nov 2026, 12:30 pm

Suvidhaa Infoserve Dispatches Rights Issue Materials

AI Summary

Suvidhaa Infoserve Ltd has completed the dispatch of issue materials, including the Letter of Offer, Entitlement Letter, and Application Form, to eligible equity shareholders. This action is in furtherance to previous communications dated June 30, 2026, and October 29, 2026, concerning the rights issue of 78,677,509 fully paid-up equity shares. The shares are being offered at a cash price of Rs. 1.50 each, with a premium of Rs. 0.50 per share. The record date for the issue was November 04, 2026, and the dispatch was successfully completed on November 06, 2026.

Key Highlights

  • Dispatch of rights issue materials successfully completed.
  • Rights issue involves 78,677,509 equity shares.
  • Issue price set at Rs. 1.50 per share.
  • Record date was November 04, 2026.