GVP Infotech Limited has informed the Exchange regarding Outcome of Board Meeting held today i.e., Tuesday, 1st July, 2025.
GVPTECH · price
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Awaiting price reaction for this filing.
GVP Infotech's Board of Directors met on July 1, 2025, and approved the Letter of Offer and other materials for a Rights Issue to be filed with NSE. The record date for eligible equity shareholders is Monday, June 30, 2025. The rights issue opens on July 14, 2025, with the last date for on-market renunciation on July 18, 2025, and closes on July 24, 2025. Bigshare Services Private Limited has been appointed as the Registrar to the Issue. The Rights Entitlement ISIN is INE382T20014, which will be credited to eligible shareholders' demat accounts before the issue opens.
Eligible shareholders as on the record date (June 30, 2025) will receive rights entitlements in their demat accounts and can choose to subscribe, renounce, or let them lapse. Shareholders should review the Letter of Offer for issue price and ratio details to evaluate the dilution impact.