3i Infotech approves Rs 64.10 crore rights issue at Rs 17 per share
3IINFOLTD · price
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On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 1.1 pts more than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The rights issue committee approved 37,708,165 fully paid shares at Rs 17 each, raising up to Rs 64.10 crore. The entitlement is 2 shares for every 9 held on September 26, 2025. The issue opens October 6 and closes October 24; eligible shareholders must apply to maintain their ownership percentage.
The issue raises capital but may reduce shareholders' ownership percentages if they do not subscribe. Eligible shareholders can buy at Rs 17 to preserve their stake.