Record date for rights issue fixed: 17 rights shares for every 2 shares held
Interactive Financial Services has fixed Friday, October 30, 2026 as the record date for its rights issue.
By ScoutQuest · · 1 min read
- Record Date
- Friday, October 30, 2026
- Rights Issue Ratio
- 17 fully paid rights equity shares for every 2 fully paid equity shares held
Record date for the rights issue
- The company has fixed Friday, October 30, 2026 as the record date.
- The record date is the cut-off the company uses to ascertain which shareholders are eligible for the rights issue.
The ratio on offer
- 17 fully paid rights equity shares for every 2 fully paid-up equity shares held.
- The entitlement is based on the equity shares held on the record date.
What a rights issue is
A rights issue offers new shares to a company's existing shareholders in a fixed proportion to what they already hold, instead of selling those shares to the public. The ratio above sets that proportion for this issue.
What this means for a shareholder
- Eligibility is decided by whether you are a shareholder on the record date, October 30, 2026.
- The entitlement is calculated on the number of fully paid equity shares held, at 17 rights shares for every 2 shares.
- Because the ratio is 17 new shares for every 2 held, the number of shares involved is large relative to the existing base.
What to keep track of
The update is an intimation of the record date and the ratio. The company has asked the exchange to take the same on record.
Also from Interactive Financial Services
Letter of Offer shared for rights issue of 5,89,06,105 shares at ₹10 each in 17:2 ratio
23 Oct 2026
Board approves rights issue of ~5.89 crore shares at Rs. 10 per share
23 Oct 2026
Board Meeting on October 23 to Fix Rights Issue Price, Ratio, Size and Record Date
19 Oct 2026
More numbers
- Rights equity shares offered per 2 shares held17 (Seventeen) Fully Paid Rights Equity share
- Existing equity shares held (ratio base)02 (two) fully paid-up Equity shares
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