Revised outcome of meeting of right issue committee of the board of directors of shriniwas leasing and finance limited
Awaiting price reaction for this filing.
The Rights Issue Committee of Shri Niwas Leasing and Finance has approved making the First and Final Call of Rs. 5 per share on 3,99,70,000 partly paid-up equity shares (face value Rs. 10, with Rs. 5 already paid). The total amount to be raised through this call is about Rs. 19.99 crore. A record date of March 6, 2026 has been fixed to identify eligible shareholders. The call money payment window will run from March 25, 2026 to April 8, 2026. Trading of the partly paid-up shares (Scrip Code: 890213, Symbol: SNLFPP) on BSE will be suspended after market hours on March 5, 2026, since this is the final call.
Shareholders who hold these partly paid-up rights shares must pay Rs. 5 per share between March 25 and April 8, 2026, or their shares may be forfeited. Once the call money is paid, the shares will become fully paid-up equity shares. After March 5, 2026, the partly paid shares can no longer be traded on the exchange.