Dear Sir/Madam, With reference to the captioned subject and in furtherance of the meeting of the Board of Directors held on 22nd July, 2025, this is to inform you that pursuant to the ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 0.9 pts less than its Investment Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Indian Infotech & Software Ltd has completed allotment of 40,73,69,772 (40.74 crore) equity shares under a rights issue. Shares with face value of Re. 1.00 were issued at Re. 1.10 per share, including a premium of Re. 0.10. The allotment was made to eligible existing equity shareholders as on the record date of Monday, July 28, 2025, and to valid renouncees. The Board approved the allotment in its meeting held on 5th September 2025, after receiving basis of allotment approval from BSE.
This is the completion stage of a previously announced rights issue, so there is no fresh dilution surprise. Existing shareholders received their entitlement shares, increasing the company's equity base and marginally improving per-share capital. No immediate price catalyst is expected from this disclosure alone.