StockWatch
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Financial Technology (Fintech)
Rights Issue29 Oct 2026, 09:50 pm

Suvidhaa Infoserve Ltd Fixes Nov 4, 2026 Record Date for Rights Issue

AI Summary

Suvidhaa Infoserve Ltd has fixed November 04, 2026, as the record date to determine eligibility for its upcoming Rights Issue. The company plans to raise up to ₹1200 Lakhs (₹12 Crore) by issuing fully paid-up equity shares at ₹1.50 per share. The Rights Issue ratio is 3 new shares for every 8 existing shares. The issue opens on November 13, 2026, and closes on November 20, 2026. This move aims to strengthen the company's capital base.

Key Highlights

  • Record date set for November 4, 2026, for the Rights Issue.
  • Company aims to raise up to ₹1200 Lakhs (₹12 Crore).
  • Rights Issue price fixed at ₹1.50 per share.
  • Entitlement ratio is 3 Rights Equity Shares for every 8 Equity Shares.
  • Issue period: November 13 to November 20, 2026.