BSECrescentis Capital LtdMediumNeutral
Announced Wed, 28 May · 18:01 IST

Intimation of Record Date for Rights Issue - Friday, June 06, 2025.

Corporate Actions View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Som Datt Finance Corporation Ltd (BSE Scrip Code: 511571) has fixed Friday, June 6, 2025 as the record date to identify equity shareholders entitled to receive the Rights Entitlement in its upcoming Rights Issue. The decision was taken at the Board of Directors meeting held on May 28, 2025, which ran from 2:00 PM to 4:30 PM IST. The filing is made under SEBI Listing Regulations and SEBI (ICDR) Regulations. The document does not disclose the issue price, ratio, or total size of the Rights Issue — those details are expected in a separate intimation.

Likely market impact

Shareholders whose names appear on the register as of June 6, 2025 will be eligible to receive Rights Entitlements and can participate in the Rights Issue in proportion to their existing holdings. Investors buying shares shortly before the record date typically pay a premium (cum-rights price), so retail investors should be aware of this timing when trading the stock.