SEPC Limited has informed the Exchange that Record date for the purpose of proposed Rights Issue is May 23, 2025.
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SEPC Limited's Rights Issue Committee met on May 13, 2025, and fixed Friday, May 23, 2025, as the record date for the proposed Rights Issue of partly paid-up equity shares. Shareholders on the books as of this date will be eligible to receive the Rights Entitlement. The company has filed this under SEBI Listing Regulations and ICDR Regulations, indicating the rights issue process is moving forward. No details on the issue size, price, or ratio have been disclosed in this filing.
Eligible shareholders as of May 23, 2025, will be entitled to subscribe to the rights issue. Investors should watch for the detailed terms (price, ratio) in upcoming announcements, as rights issues are typically priced at a discount and require shareholders to act or risk dilution.