Covance Softsol Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/08/2025 ,inter alia, to consider and approve the Issue Price, Entitlement ....
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Covance Softsol Limited has informed BSE that its Rights Issue Committee will meet on August 21, 2025. The committee will finalise the Issue Price, Entitlement Ratio and other modalities for the proposed Rights Issue of fully paid-up equity shares of face value Rs. 10 each. This follows the Board of Directors' approval of the Rights Issue on August 14, 2025. The company has also closed its trading window until 48 hours after the meeting concludes, in line with insider trading rules.
Existing shareholders should prepare for a potential capital-raising move via a Rights Issue. The final terms — especially the issue price relative to market price and the entitlement ratio — will be key in determining whether participating is attractive.