5Paisa Capital Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/03/2026 ,inter alia, to consider and approve various matters in connection ....
5PAISA · price
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Awaiting price reaction for this filing.
5paisa Capital has informed the stock exchanges that its Board of Directors will meet on Wednesday, March 11, 2026 to finalise the terms of a proposed Rights Issue of fully paid-up equity shares (face value ₹10 each) to eligible shareholders. This follows the Board's earlier approval on February 24, 2026 to raise funds via the rights route for an amount not exceeding ₹4,750 million (about ₹475 crore). At the upcoming meeting, the Board will decide the issue price, rights entitlement ratio, record date, and timing of the issue. The rights issue will be conducted under the Companies Act, 2013 and SEBI's ICDR Regulations, 2018.
No immediate price impact since the fundraise plan was already approved earlier, but the issue terms (price, ratio) are yet to be decided. Existing shareholders should brace for potential equity dilution if they do not subscribe to their entitlement, though a rights issue also signals capital-raising to support business growth.