EXICOMNSEExicom Tele-Systems LimitedMediumNeutral
Announced Tue, 1 Jul · 19:58 IST

Exicom Tele-Systems Limited has informed the Exchange that Record date for the purpose of Rights is 07-Jul-2025.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Exicom Tele-Systems Limited has fixed Monday, July 7, 2025, as the Record Date for its proposed Rights Issue of equity shares. The purpose of the Record Date is to identify shareholders who will be eligible to receive the Rights Entitlements under the issue. This is being done in compliance with Regulation 42 of SEBI Listing Regulations, following a Rights Issue Committee meeting held on July 1, 2025. No further details such as issue size, price, or ratio have been disclosed in this particular filing.

Likely market impact

Existing shareholders as of the Record Date (July 7, 2025) will be eligible to participate in the upcoming Rights Issue and receive Rights Entitlements. Investors should watch for further announcements regarding the issue price, ratio, and timeline to assess the dilutive impact and attractiveness of the offer.