This is further to the meeting of the Board of Directors of the Company (the 'Board') held on January 6, 2026 read with February 7, 2026, approving the offer and issuance of equity shares ....
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Supra Pacific Financial Services Ltd's board, at its meeting on March 7, 2026, finalised the terms of a rights issue that was first approved on January 6, 2026. The company will issue up to 2,17,39,130 fully paid-up equity shares of face value ₹10 each at a price of ₹23 per share, including a premium of ₹13, aggregating to ₹5,000 Lakhs (₹50 crore) assuming full subscription. Existing shareholders as on the record date of March 12, 2026 will be eligible, with the issue opening on March 20, 2026 and closing on March 27, 2026. The entitlement ratio is 32 rights shares for every 49 shares held. Post-issue, total equity shares will rise from about 3.33 crore to 5.50 crore.
Eligible shareholders can subscribe, renounce, or let their rights entitlements lapse by March 27, 2026. The issue is priced at a premium to face value, and non-participation will lead to dilution of holdings from approximately 60% to 40% of post-issue equity.