Crescentis Capital Limited submitted a prior intimation to BSE Limited regarding an upcoming meeting of its Fund-Raising Committee. The disclosure is made pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Agenda Items
The committee meeting will:
- Take on record the letter bearing reference number LOD/RIGHT/MV/FIP/1005/2026-27 dated 23rd October, 2026 received from BSE Limited granting in-principle approval for listing of fully paid-up equity shares proposed to be issued on a rights basis
- Consider, discuss and approve the terms and conditions related to the proposed rights issue, including:
- Issue price
- Payment mechanism
- Issue size
- Rights entitlement ratio
- Record date
- Timing of the rights issue
Background and Context
This meeting is in furtherance to the company's previous disclosure regarding the outcome of the Board of Directors meeting held on September 30, 2026. During that meeting, the Board approved raising funds through a rights issue of equity shares with face value of ₹10 each for an amount up to ₹80 crores ("Rights Issue").
The rights issue will be conducted in accordance with:
- Companies Act, 2013 and rules made thereunder
- Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018
- Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Other applicable laws
Trading Window Closure
Pursuant to the Company's Code of Conduct for Prohibition of Insider Trading, adopted in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the securities of the Company by Designated Persons and their Immediate Relatives has been closed with effect from October 01, 2026. This closure is in connection with the consideration and declaration of the Unaudited Financial Results of the Company for the quarter and half year ending September 30, 2026. This was previously intimated to BSE Limited via the Company's letter dated September 23, 2026.