Announced Tue, 30 Jun · 19:57 IST
Board approves rights issue to raise up to Rs 1200 lakhs
Corporate Actions View source PDF
SUVIDHAA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.7%1-day move
₹2.70
prior close
₹2.82
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.5-2.8——-0.7+0.0-3.0-3.7-6.3-4.8-5.6———
Up moveDown movePending
AI summary
Board approved raising up to Rs 1200 lakhs via rights issue of equity shares to eligible shareholders. Issue price, entitlement ratio, and record date will be decided later. Subject to SEBI and other regulatory approvals. Separately, the company paid Rs 11,800 fine each to BSE and NSE for delayed board meeting intimation under Regulation 29 for May 2026, calling it inadvertent and pledging stronger compliance monitoring.
Likely market impact
Existing shareholders may need to invest more capital via rights entitlement. Issue terms are awaited. Minor regulatory fine noted, no waiver sought.