Rights issue committee of share india securities ltd - Latest News Update, Information, Photos & Videos on Rights issue committee of share india securities ltd at Lokmat Times

Share India Securities Ltd. (BSE: 540725, NSE: SHAREINDIA), a tech-based financial conglomerate which specializes in the latency-based trading platform, has approved the terms for its rights issue.The Rights Issue Committee of Share India Securities Ltd, has approved the terms of Rights Issue of Equity Shares of face value of Rs. 10 each along with Rights Securities to the eligible shareholders of the Company was approved, for an aggregate amount not exceeding Rs. 100,000 Lakhs.Rights Entitlement Ratio is fixed at 1 (one) Rights Equity Share along with 17 (seventeen) Detachable Warrants per Rights Equity Share, for every 50 (fifty) fully paid-up Equity Shares held by Eligible Equity Shareholders as on the Record Date. Issue Price per Rights Equity Share is at Rs. 700 per Equity Share of face value of Rs. 10 each (including a premium of Rs. 690/- per Equity Share).The Record Date is fixed as Tuesday, February 28, 2023. Issue Opening Date is Thursday, March 09, 2023. Issue Closing Date is Friday, March 17, 2023. Last Date for on Market Renunciation is set to Monday, March 13, 2023.The company was recently added to MSCI India Domestic Small Cap Index.Share India has expanded its horizon and ventured into NBFC and insurance broking. SISL's NBFC arm currently has 10 branches and plans to expand its operations. Share India also offers MF distribution and merchant banking services.Share India has constantly endeavoured to maintain the highest degree of corporate governance and has installed a capable professional team for each of its divisions.This story is provided by PNN.will not be responsible in any way for the content of this article. (ANI/PNN)( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

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Rights issue committee of share india securities ltd, Latest News

Business :Share India Securities Ltd approves Terms of Rights Issue, Company added to MSCI Domestic Small Cap Index

Share India Securities Ltd. (BSE: 540725, NSE: SHAREINDIA), a tech-based financial conglomerate which specializes in the latency-based trading platform, has approved the terms for its rights issue. ...