Cyber Media (India) Limited has informed the Exchange regarding 'Prior Intimation of the meeting of the Rights Issue Committee'.
CYBERMEDIA · price
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Cyber Media (India) Limited has informed the stock exchanges that a meeting of its Rights Issue Committee is scheduled for Monday, July 21, 2025. The committee will decide on key matters related to the Rights Issue of equity shares with a face value of Rs. 10 each, aggregating to Rs. 10 Crore, which was originally approved by the Board on January 21, 2025. Items to be decided include the issue price, payment mechanism, entitlement ratio, record date, and timing of the issue. The trading window for designated persons and their immediate relatives has been closed with immediate effect until July 23, 2025.
Shareholders should watch for the upcoming committee decision on the rights issue price and ratio, as a rights issue at a discount to market price can be dilutive but also offers existing shareholders the chance to maintain their stake. The Rs. 10 Crore issue size is relatively small for the company.