StockWatch
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Financial Technology (Fintech)
Rights Issue11 Nov 2026, 04:03 pm

Suvidhaa Infoserve Ltd Rights Issue Opens

AI Summary

Suvidhaa Infoserve Limited has commenced its Rights Issue, dispatching the Letter of Offer, Entitlement Letter, and Application Form to eligible equity shareholders. The issue aims to raise up to ₹1,180.17 Lakhs (₹11.80 Crore) by offering 78,677,509 fully paid-up equity shares at ₹1.50 per share. This is in a ratio of 3 shares for every 8 held as of the record date, November 4, 2026. The company, incorporated in 2007 and converted to a public limited company in 2019, has its registered office in Gujarat. Investors are advised to review the risk factors before making investment decisions.

Key Highlights

  • Suvidhaa Infoserve Ltd launches Rights Issue.
  • Aims to raise ₹1,180.17 Lakhs (₹11.80 Crore).
  • Offers 78,677,509 shares at ₹1.50 each.
  • Ratio of 3 shares for every 8 held.
  • Record date set for November 4, 2026.