Board meet on 21 Sep to consider raising funds up to 200 crores
RELIABLE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.5 pts more than Nifty Microcap 250 and 0.8 pts less than its Other Financial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Reliable Data Services board will meet on 21 September 2026 to consider raising funds up to 200 crores through preferential allotment, QIP, rights issue, or other modes. Funds will be used for upcoming projects, upgrading existing ones, and working capital. Issue may include equity shares, equity-linked securities, or warrants. Postal ballot notice for shareholder approval will also be considered.
Potential share dilution if fund-raising is approved. Positive for growth plans and expansion needs.