Date: September 29, 2026
Board Meeting Outcomes
- Capital Raising Committee of the Board of Directors approved conversion of 1,69,05,255 partly paid-up Rights Equity Shares into fully paid-up equity shares
- Conversion approved on September 29, 2026
- Action taken pursuant to receipt of First and Final Call Money through ASBA facility
Share Conversion Details
- Number of shares converted: 1,69,05,255 partly paid-up Rights Equity Shares
- Face value: ₹10.00 per share
- Previous payment status: 50% paid-up (₹5.00 towards face value + ₹110.00 towards premium)
- New status: Fully paid-up equity shares of face value ₹10.00 each
- Conversion specifically relates to call monies received for the First and Final Call
Rights Issue Context
- Refers to previous communications: SSFL/Stock Exchange/2026-27/053 dated August 5, 2026 and SSFL/Stock Exchange/2026-27/059 dated August 21, 2026
- Conversion represents completion of the rights issue process for these shares