Interactive Financial Services Limited has submitted a regulatory disclosure to BSE Limited regarding an upcoming Board of Directors meeting scheduled for Friday, October 23, 2026. The meeting is specifically convened to finalize details related to the company's proposed Rights Issue of equity shares.
This communication follows previous company communications dated September 09, 2026 and September 14, 2026, which informed about the Board's approval for the issuance of equity shares via Rights Issue to eligible shareholders and the approval of the Draft Letter of Offer, respectively.
The company has received In-Principle Approval from BSE for the Rights Issue on October 16, 2026. The Rights Issue is being conducted in accordance with the Companies Act, 2013 and its rules, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (as amended), and other applicable laws.
The Board meeting agenda includes the following specific items for consideration and approval:
- Determination of the Rights Issue price
- Determination of the rights entitlement ratio
- Determination of the total number of securities proposed to be issued
- Determination of the total Issue size
- Determination of the period/timing of the Issue
- Approval of the Letter of Offer, CAF Application and ancillary documents related to the Rights Issue of equity shares
- Finalization of the Record Date as per Regulation 68 of SEBI (ICDR), 2018 and Regulation 42 of SEBI (LODR), 2015
- Any other matters pertaining to the Rights Issue as may be deemed necessary by the Board
The disclosure is made pursuant to Regulation 29 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The document is signed by Pradip Sandhir (Managing Director) with DIN: 06946411, digitally signed on October 19, 2026 at 19:18:54 +05'30'.