SISuvidhaa Infoserve543281Rights issue announcement

Board Meeting on October 29 to Approve Rights Issue Terms

Suvidhaa Infoserve has scheduled a Board meeting on Thursday, October 29, 2026 to consider and approve its proposed Rights Issue of equity shares.

By ScoutQuest · Mon 26 Oct 2026, 5:39 PM IST · 2 min read

Board Meeting Date

Thursday, October 29, 2026

In-principle Approvals

received in-principle approvals from both BSE Limited and NSE

Trading Window Closed

closed from October 1, 2026 until 48 hours after the meeting

What the company has informed

Suvidhaa Infoserve Ltd has told the stock exchanges that its Board of Directors will meet on Thursday, October 29, 2026. The main item on the agenda is to consider and approve the proposed Rights Issue of equity shares of the company.

The intimation follows the outcome of an earlier Board meeting held on June 30, 2026, and the Draft Letter of Offer dated June 30, 2026 that was shared with the exchanges for in-principle approvals. The company has now received in-principle approvals from both BSE Limited and National Stock Exchange of India Limited.

What the Board meeting will decide

• The issue price of the rights shares
• The rights entitlement ratio
• The issue size
• The record date
• The payment mechanism
• The issue schedule
• The terms and conditions of the issue, and related matters

What a rights issue is

A rights issue is an offer of new equity shares by a company to its existing shareholders, usually in a fixed proportion to the shares they already hold. That proportion is the entitlement ratio. Shareholders then decide whether to subscribe, and the terms are announced once the Board approves them. The specific price, ratio, size and record date become known when the Board takes them up.

Trading window

As per the company's earlier communication dated September 30, 2026, the trading window for dealing in the company's securities remains closed for all Designated Persons, Connected Persons and their immediate relatives with effect from October 1, 2026, and will stay closed until 48 hours after the conclusion of the Board meeting. This restriction applies to insiders and is linked to the price-sensitive nature of the matter being considered.

What shareholders can watch for

The key details are the price at which the rights shares are offered, the ratio of new shares to existing holdings, the size of the issue and the record date. These are the figures that determine how much a shareholder may need to pay to participate and how the holding is affected if they do not.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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