Board approves Rights Issue up to Rs 1200 lakhs

Corporate Actions View source PDF Explain this filing

SUVIDHAA · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.7%Reaction day

₹2.70

prior close

₹2.82

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%+0.6% vs market

Financial Technology (Fintech) peers, median of 7sector+3.0%-2.3% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 2.3 pts less than its Financial Technology (Fintech) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-3.5

10m

-2.8

15m

-2.8

30m

-4.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.7+0.2+0.6+3.0-2.3

Next day

-0.7+1.0-1.8+2.6-3.3

+0.0+0.7-0.7+2.4-2.4

-3.0+0.9-3.9+2.5-5.4

-3.7+0.2-3.9+0.1-3.8

-6.3-1.8-4.5-1.1-5.2

-4.8+1.4-6.2+5.9-10.7

15d

-5.6-0.6-5.0+1.9-7.5

-5.2+1.5-6.7+6.9-12.0

-19.3+4.5-23.8+7.7-26.9

-21.9+3.1-24.9+6.3-28.2

UpDownMarket · Nifty Microcap 250Sector · Financial Technology (Fintech) peers, median of 7Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Suvidhaa Infoserve board approved a rights issue of equity shares worth up to Rs 1200 lakhs to existing eligible shareholders. Issue price, entitlement ratio and record date will be decided later. The company also paid Rs 11800 each to BSE and NSE as fines for late intimation of a board meeting under Regulation 29 for May 2026, which the board termed inadvertent.

Likely market impact

Eligible shareholders will get rights entitlement but may face dilution if they do not subscribe. Compliance fine is minor and already settled.