Newspaper Advertisement of Post Issue Basis of Allotment in the matter of Right Issue of Equity Shares
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Awaiting price reaction for this filing.
Sylph Technologies Limited (BSE: 511447, SYLPH) has published a newspaper advertisement disclosing the basis of allotment for its Rights Issue of up to 48,90,90,000 (48.91 crore) fully paid-up equity shares of Rs. 1 each at an issue price of Rs. 1 per share, aggregating up to Rs. 48.91 crore. The rights issue opened on June 17, 2025 and closed on July 1, 2025, with the last date for market renunciation being June 25, 2025. The Letter of Offer was dated July 18, 2025. The Board of Directors thanked members and investors for their response to the issue. The filing is being made under SEBI Listing Regulations and SEBI ICDR Regulations to publicly disclose the post-issue allotment details.
This is a post-issue regulatory disclosure confirming that the rights issue has been completed and shares allotted; it does not represent a new corporate action. Existing shareholders who exercised their rights will see the new shares reflected in their demat accounts, with trading expected to commence on BSE in due course.