Announced Thu, 21 Aug · 13:33 IST

Newspaper publication for extension of Right Issue closing date.

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Indian Infotech & Software Ltd has informed BSE about publishing a corrigendum to its Letter of Offer for the ongoing Right Issue, extending the closing date. The corrigendum was published on Tuesday, August 19, 2025, in three newspapers: Mumbai Lakshdeep (Marathi), Financial Express (English national daily), and Financial Express (Hindi). The disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has BSE Scrip Code 509051 and Scrip ID 'Indinfo'. The intimation letter is dated August 21, 2025, and signed by Anant Chourasia, Managing Director (DIN: 09305661).

Likely market impact

Existing shareholders now have additional time to subscribe to the company's Right Issue. An extension typically signals either lower-than-expected early subscription or the company's intent to widen participation, though it is a routine compliance update and not a material change to the issue itself.