BSEShri Niwas Leasing And Finance LtdLowNeutral
Announced Tue, 24 Feb · 19:06 IST

Shri Niwas Leasing And Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/02/2026 ,inter alia, to consider and approve Pursuant to ....

Corporate Actions View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The company has informed BSE that its Rights Issue Committee will meet on February 27, 2026. The main item on the agenda is considering and approving the First and Final Call on partly paid-up equity shares that were issued under a previous Rights Issue. The Committee will also fix a record date to identify the shareholders who hold these partly paid-up shares and to whom the call money notice will be sent. The trading window for designated persons and their immediate relatives has been closed from February 24, 2026 until 48 hours after the board meeting concludes.

Likely market impact

Shareholders who subscribed to the earlier Rights Issue and currently hold partly paid-up shares will shortly receive a call notice asking them to pay the remaining balance. Existing shareholders should watch for the record date announcement on February 27, as failing to pay the call money may lead to forfeiture of those partly paid shares.