Publication of Basis of Allotment advertisement - Post Rights Issue in terms of SEBI (ICDR) and SEBI (LODR).
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Som Datt Finance Corporation has completed its rights issue and finalized the basis of allotment on July 15, 2025. The company allotted 70,05,579 equity shares at ₹70 per share (face value ₹10 plus ₹60 premium), raising approximately ₹49.04 crore. The issue was offered in a ratio of 7 shares for every 10 shares held, with the record date set at June 6, 2025. The issue ran from June 20 to July 4, 2025 and received 813 valid applications for 87.74 lakh shares, of which 70.05 lakh shares were allotted. The allotment advertisement was published on July 18, 2025 in Financial Express, Jansatta, and Mana Telangana newspapers.
The rights issue is now complete and shares have been allotted, which means the company's share base has expanded and roughly ₹49 crore in fresh capital has been raised. Shareholders who applied will see new shares credited to their demat accounts soon. Dilution is a factor since 70 lakh new shares were issued on top of existing holdings.