Intimation is being filed for the decision of the Board of Directors to approve the issuance of equity shares for an amount not exceeding Rs. 10 Crore through a rights issue to the eligible ....
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SI Capital & Financial Services Ltd announced that its Board of Directors, at a meeting held on 20th February 2026, approved a proposal to issue equity shares with a face value of Rs. 10 each for an amount not exceeding Rs. 10 Crore through a Rights Issue. The shares will be offered to eligible equity shareholders as on a Record Date, which is yet to be notified. The Board also constituted a Rights Issue Committee to finalize key terms such as the issue price, entitlement ratio, appointment of intermediaries, and other related matters.
This Rights Issue of up to Rs. 10 Crore will result in dilution of existing shareholders' holdings, though it also gives eligible shareholders the right to subscribe to additional shares. The stock may see short-term pressure on the price, while the actual impact will depend on the issue price and entitlement ratio that the Committee decides later.