Announced Tue, 22 Jul · 19:44 IST

Record date for Right Issue i.e Monday 28th July 2025

Corporate Actions View source PDF

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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 fixed Monday, 28th July 2025 as the record date for its proposed Rights Issue. Under the issue, eligible shareholders will receive 1 equity share for every 3 fully paid-up equity shares held on the record date. The announcement has been made in compliance with SEBI Listing Regulations. The issue price and other detailed terms of the Rights Issue are not mentioned in this filing.

Likely market impact

Existing shareholders as of the record date will be eligible to subscribe to additional shares in the ratio of 1:3. The Rights Issue will dilute existing shareholdings if shareholders do not subscribe to their entitlement, and the issue price (once announced) will determine whether participation is attractive.