Announced Wed, 28 Oct, 2026 · 19:01 IST
No deviation in Vertex Securities rights issue fund use
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
Brickwork Ratings' third monitoring report found no deviation from the stated uses of Vertex Securities' March 2026 rights issue. The issue comprised 74,012,189 partly paid equity shares at Rs 2 each, worth Rs 14.80 crore. Only 25% application money, Rs 3.70 crore, had been called by September and was fully used by June. No further amount was called or used during the September quarter.
Likely market impact
Neutral so far; no deviation was found. Future calls on the partly paid rights issue and use of the remaining Rs 11.10 crore remain important.