Covance Softsol Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/08/2025 ,inter alia, to consider and approve Issue Price, Entitlement Ratio ....
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Covance Softsol Ltd has postponed its Rights Issue Committee meeting from August 21, 2025 to August 22, 2025. The committee was originally set to decide on the Issue Price, Entitlement Ratio, and other terms of the proposed Rights Issue. The delay is because approval from BSE Limited for the Rights Issue is still under process. The Board had approved the Rights Issue in a meeting held on August 14, 2025. No specific details about issue price, entitlement ratio, or discount have been disclosed yet.
This is a minor procedural update and is unlikely to have a significant impact on the stock. Shareholders should watch for the committee's decision on August 22, which will reveal the actual terms of the Rights Issue and whether it involves a steep discount.