Newspaper publication relation to right issue
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sylph Technologies Limited has informed BSE that the public notice announcing the opening of its Rights Issue has been published in newspapers on June 17, 2025. The company is issuing up to 4,96,09,000 fully paid-up equity shares of face value Rs. 1 each at an issue price of Rs. 1 per share (at par), aggregating to roughly Rs. 4.96 crore. The ratio is 5 equity shares for every 11 shares held by eligible shareholders on the record date of April 11, 2025. The issue opens on June 17, 2025 and closes on June 25, 2025, with the last date for renunciation set as July 1, 2025. Fasttrack Finsec is the issue manager and Purva Sharegistry is the registrar.
Existing shareholders get a chance to subscribe to additional shares in proportion to their holdings at par; failure to apply will dilute their stake. The small issue size (under Rs. 5 crore) indicates a minor capital raise and is unlikely to materially affect the stock price.