Announced Tue, 30 Jun · 20:11 IST
Board approves Rights Issue 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
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.