Board to approve proposed rights issue on 29 October 2026

Corporate Actions View source PDF Explain this filing

SUVIDHAA · price

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

-0.5%Reaction day

₹2.07

prior close

₹2.06

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.7%-2.2% vs market

Financial Technology (Fintech) peers, median of 9sector+0.9%-1.3% vs sector

On the reaction day the stock moved 2.2 pts less than Nifty Microcap 250 and 1.3 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

+0.0

10m

-1.9

15m

+0.5

30m

+1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.5+1.7-2.2+0.9-1.3

Next day

+1.4pendingpending-0.5+1.9

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15d

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UpDownMarket · Nifty Microcap 250Sector · Financial Technology (Fintech) peers, median of 9Pending

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

AI summary

Suvidhaa Infoserve has received initial approval from BSE and NSE for a proposed rights issue. Its board will meet on 29 October 2026 to approve the issue price, entitlement ratio, issue size, record date, payment process, schedule and terms. Trading in company shares is closed for designated persons from 1 October until 48 hours after the meeting.

Likely market impact

The issue could raise capital and dilute existing shareholders who do not subscribe, while eligible shareholders can maintain their stake.