Suvidhaa Infoserve Ltd Approves Rights Issue Terms

Suvidhaa Infoserve Ltd's Board of Directors has approved the detailed terms and conditions for a Rights Issue, following the receipt of in-principle approval from BSE and NSE. The issue aims to raise up to ₹118.17 Crores by offering 7,86,77,509 fully paid-up equity shares at ₹1.50 per share. The record date for determining eligible shareholders is November 4, 2026. The Rights Issue period will be from November 13 to November 20, 2026. Shareholders will receive 3 rights equity shares for every 8 equity shares held.