The Company hereby submits the pre-issue paper advertisement copies pertaining to the on-going Rights Issue. Detailed letter is enclosed.
SEPC · price
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SEPC Limited has submitted copies of the pre-issue newspaper advertisement for its ongoing Rights Issue. The company is issuing up to 35 crore partly paid-up equity shares of face value ₹10 each at an issue price of ₹10 per share (no premium), aggregating up to ₹350 crores. The entitlement ratio is 11 rights shares for every 50 fully paid-up shares held by existing shareholders, with the record date set as May 23, 2025. The pre-issue advertisement was published on June 3, 2025 in Financial Express (English, nationwide), Jansatta (Hindi, nationwide), and Makkal Kural (Tamil, regional). This filing is a procedural compliance under SEBI ICDR Regulations confirming the advertisement has been published as required.
This is a routine regulatory confirmation that the rights issue process is moving forward as planned. Existing shareholders as of the record date (May 23, 2025) should review the letter of offer to decide on subscription, keeping in mind the 11:50 entitlement ratio and the partly paid-up structure which allows phased payments.