We hereby enclose the published copies of the Newspaper Advertisements relating to the Basis of Allotment in relation to the Rights Issue of Partly Paid-up equity shares of the Company published on July 08, 2025. Detailed letter is enclosed.
SEPC · price
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Awaiting price reaction for this filing.
SEPC Limited has submitted copies of newspaper advertisements published on July 8, 2025, disclosing the Basis of Allotment for its recently completed Rights Issue. The Rights Issue consisted of up to 35 crore partly paid-up equity shares of face value ₹10 each, offered at ₹10 per share (no premium), aggregating up to ₹350 crores. The shares were offered to existing shareholders in the ratio of 11 rights shares for every 50 fully paid-up shares held as on the record date of May 23, 2025. The advertisements were published in three newspapers — Financial Express (English, nationwide), Jansatta (Hindi, regional), and Makkal Kural (Tamil, regional) — to comply with SEBI disclosure norms for the issue.
This is a routine procedural filing confirming the completion of the rights issue allotment process. Existing shareholders will now know how many partly paid-up shares have been allotted to them. Short-term stock price impact is limited, though share dilution and the partly paid-up nature of the new shares are key factors for investors to monitor.