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Awaiting price reaction for this filing.
Indian Infotech & Software Ltd, an NBFC, has published a pre-issue advertisement in newspapers (Mumbai Lakshdeep – Marathi, Financial Express – English and Hindi) on August 1, 2025, for an upcoming Rights Issue. The ratio offered is 1 Rights Equity Share for every 3 fully paid-up equity shares held on the record date of July 28, 2025. The issue opens on August 6, 2025, and closes on August 13, 2025, with the last date for on-market renunciation being August 8, 2025. The promoters are Mahamaya Financial Consultants Pvt Ltd, Jayanti Primes Software Advisory Pvt Ltd, Generosity Share Trading Pvt Ltd, and Dhanvarsha Advisory Services Pvt Ltd. Purva Sharegistry (India) Pvt Ltd is the registrar for the issue.
Existing shareholders as of the July 28, 2025 record date are eligible to subscribe to the rights issue and can also renounce their entitlements on or before August 8, 2025. The stock may see some dilution in shareholding depending on the subscription level, and price action could be influenced as the issue opens and approaches its closing date.