GVPTECHNSEGVP Infotech LimitedMinimalNeutral
Announced Mon, 4 Aug · 12:22 IST

GVPTECH: GVP Infotech Limited has informed the Exchange about Newspaper advertisement for Post Issue - Basis of Allotment in the matter of Rights Issue of Equity Shares

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

GVP Infotech Limited (GVPTECH) has informed the National Stock Exchange that it published a newspaper advertisement on 2nd August 2025 disclosing the Post Issue – Basis of Allotment for its rights issue, in line with SEBI LODR and ICDR regulations. The rights issue comprised 2,11,72,007 partly paid-up equity shares with a face value of Rs. 2 each, paid-up value of Re. 1 each, and an issue price of Rs. 10 per share (including a premium of Rs. 8). The total issue size works out to roughly Rs. 21.17 crore. The disclosure was signed by Managing Director Rajesh Thakur (DIN: 08378490).

Likely market impact

This is a routine post-issue compliance filing confirming the final basis of allotment for GVP Infotech's rights issue; no new financial impact for shareholders, but the allotment outcome will be relevant for those who applied under the rights issue.