Indergiri Finance Limited has submitted a regulatory disclosure to BSE Limited regarding an upcoming Rights Issue Committee meeting. The meeting is scheduled for Thursday, October 15, 2026, and will address the finalization of terms for a proposed rights issue.
Key Quantitative Figures
The proposed rights issue involves the issuance of fully paid-up equity shares with a face value of ₹10 each, aggregating up to ₹10 crores (₹1,000 lakhs).
Parties Involved
- Issuer: Indergiri Finance Limited
- Regulatory Authority: BSE Limited
- Committee: Rights Issue Committee of the Company
Committee Agenda Items
The Rights Issue Committee will consider and approve:
1. Issue Price
2. Entitlement Ratio
3. Record Date
4. Issue Opening and Closure Dates
5. Other modalities related to the Rights Issue
6. Incidental and ancillary matters
Background
The rights issue proposal was initially approved by the Board of Directors on February 10, 2026. The company has received in-principle approval from BSE Limited for the proposed rights issue of up to ₹1,000 lakhs to eligible equity shareholders.
Compliance Measures
Pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company's Code of Conduct, the trading window for dealing in the company's securities remains closed until 48 hours after the conclusion of the Board Meeting.