Please find attached copy of DRHP
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
NCL Research & Financial Services Ltd has filed the Draft Letter of Offer dated February 24, 2026, with BSE for a proposed Rights Issue of equity shares. The Board had approved this fund-raising on February 23, 2026. The issue size is up to ₹50 crore (₹4,900 lakhs stated in the DLOF), with shares having a face value of ₹1 each, offered to eligible shareholders on a rights basis. The issue price, entitlement ratio, and record date are yet to be finalized and will be determined later by the Board. The company is professionally managed with no identifiable promoter, and its existing shares are listed on BSE. Purva Sharegistry (India) Private Limited will act as the Registrar to the Issue.
Eligible shareholders will get an opportunity to subscribe to additional shares in proportion to their existing holdings, which will dilute their stake if they choose not to participate. The fresh capital raise of up to ₹50 crore may strengthen the company's balance sheet, though the final impact depends on the issue price and utilization of funds, which are yet to be disclosed in detail.