SEPCBSESEPC LtdMediumNeutral
Announced Thu, 8 May · 17:46 IST

SEPC Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/05/2025 ,inter alia, to consider and approve We hereby inform the exchange of the Rights ....

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

SEPC Ltd has informed the exchanges that its Rights Issue Committee will meet on May 13, 2025 to finalize key terms of its proposed rights issue. The committee will decide the issue price, total issue size, rights entitlement ratio, record date, and other related matters. The rights issue will be for Partly Paid Up Equity Shares. This follows earlier communications dated November 14, 2024, December 23, 2024, and April 16, 2025 regarding the same proposed rights issue, indicating it has been under consideration for several months.

Likely market impact

Shareholders should watch for the rights entitlement ratio and issue price announcement post the May 13 meeting, as this will determine dilution and the cost of subscribing to their rights. Since the shares will be partly paid up, investors should also note any future call money obligations.