NCL Research Finalizes Record Date for ₹49.95 Crore Rights Issue

NCL Research & Financial Services Ltd has announced August 24, 2026, as the record date for its upcoming rights issue. The company aims to raise ₹49.95 crore by issuing 49,94,86,400 equity shares, each with a face value of ₹1.

What just happened

The company has set August 24, 2026, as the record date to determine eligibility for its rights issue. This follows the board's approval to raise approximately ₹49.95 crore through the issuance of new shares.

Why this matters

The record date is crucial for existing shareholders as it identifies who is eligible to subscribe to the new shares being offered. This is a key step in the fund-raising process.

The backstory

NCL Research & Financial Services Ltd is proceeding with its plan to raise capital via a rights issue. The company has made arrangements with depositories NSDL and CDSL for crediting Right Entitlements to eligible shareholders' demat accounts.

What changes now

Shareholders holding shares as of August 24, 2026, will be entitled to subscribe to the rights issue. The Right Entitlements will be credited to their demat accounts before the issue opens.

Risks to watch

Investors should carefully review the offer documents to understand the capital dilution impact and the intended use of the funds raised before deciding to participate.

Peer comparison

(No specific peer comparison data available in the filing.)

Context metrics (time-bound)

• Aggregate Issue Value: ₹49.95 crore
• Total Shares to be Issued: 49,94,86,400 equity shares
• Face Value per Share: ₹1
• Record Date: August 24, 2026

What to track next

Investors should watch for the opening date of the rights issue and the release of the offer documents, which will provide detailed terms and subscription information.