Announced Tue, 30 Jun · 20:14 IST
Rights Issue of Rs 12 Cr Approved; Minor Fine Paid to Exchanges
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 1,200 lakhs (Rs 12 crore) via rights issue of equity shares to eligible shareholders. Issue price and record date to be decided later. Separately, BSE and NSE each levied a fine of Rs 11,800 for late intimation of a board meeting under Regulation 29(2)/29(3). Board called it inadvertent, paid the fine, and ordered stronger compliance monitoring with a maker-checker process.
Likely market impact
Rights issue may dilute existing holdings if not fully subscribed. Minor fine is financially immaterial but flags compliance weakness.