Exicom Tele-Systems Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/06/2025 ,inter alia, to consider and approve raising of funds by way ....
EXICOM · price
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Exicom Tele-Systems has informed BSE that its Board of Directors will meet on June 25, 2025 to consider raising funds through a Rights Issue of equity shares with a face value of ₹10 each. The rights issue will be offered to eligible equity shareholders of the company, subject to necessary regulatory approvals. The company has not disclosed the issue size or the specific purpose for which the funds will be utilised. The trading window for designated persons and their immediate relatives has been closed from June 23, 2025 until further notice, in line with insider trading regulations.
A Rights Issue allows existing shareholders to buy additional shares in proportion to their current holdings, which could dilute shareholding if not fully subscribed. The stock may see short-term pressure due to the potential dilution, and shareholders will need to evaluate whether to participate once the terms (price, ratio) are announced.