Pursuant to Regulation 30 of SEBI (LODR), 2015, we wish to inform you that meeting of Rights Issue Oversight Committee of Board of Directors of the Company held on 18th August, 2025 has ....
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The Rights Issue Oversight Committee of Savani Financials Limited met on 18th August 2025 and approved the conversion of 5,188 partly paid-up equity shares into fully paid-up equity shares. This follows the Third Reminder of First and Final Call Money dated 4th July 2025, where the company collected Rs. 3.50 per share (Rs. 2 face value + Rs. 1.50 securities premium) along with 12% per annum interest. The total amount received was Rs. 19,769, covering the call money plus interest on the pending partly paid shares. The meeting lasted from 5:00 p.m. to 5:30 p.m.
This is a routine housekeeping update marking the completion of the rights issue call money process. Only 5,188 shares were involved, which is a tiny fraction of share capital, so there is no material impact on shareholders or stock price.