Extension of Right issue closing date.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Indian Infotech & Software Ltd has extended the closing date of its ongoing Rights Issue by about two weeks. The issue, which opened on 6th August 2025 and was originally set to close on 20th August 2025, will now close on 2nd September 2025. The Rights Issue Committee approved this extension on 18th August 2025 to give eligible shareholders more time to apply. All other terms of the Letter of Offer remain unchanged, and an addendum with the revised timeline will be uploaded to the company's and BSE's websites. The Basis of Allotment and listing-related steps have been pushed to early September 2025 accordingly.
Shareholders who are eligible to apply for the rights entitlement get additional time to participate, but this may also signal slower-than-expected subscription, which existing shareholders should monitor. No change to the underlying terms or pricing of the issue.