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Suvidhaa Infoserve secures approvals for a Rs 1180.17 crore rights issue to shareholders
29-Oct-2026, 10:25
Suvidhaa Infoserve Limited has received in-principle approvals from the BSE Limited and National Stock Exchange of India Limited to proceed with a rights issue, offering up to 78,677,509 fully paid-up equity shares for an aggregate amount not exceeding Rs 1180.17 crore, at a price of Rs 1.50 per share. The rights issue record date is set for Wednesday, November 04, 2026, with a rights entitlement ratio of 3 shares for every 8 shares held, and the issue period is scheduled to open on November 13, 2026, and close on November 20, 2026.