Suvidhaa Infoserve Rights Issue: Key Terms and Timelines

Aggregate issue size: Rs 11.80 crore. Issue price: Rs 1.50 per equity share.

Reader Takeaway: Existing shareholders can increase stakes at a discount; ensure action by November 20 to avoid entitlement lapse.

What just happened

Suvidhaa Infoserve Limited has officially announced the terms for its upcoming rights issue, following board approval granted in June 2026. The company will issue up to 7,86,77,509 new equity shares to eligible existing shareholders. The issue is priced at Rs 1.50 per share, which includes a face value of Re 1 and a premium of Rs 0.50. The total funds raised through this exercise are expected to reach approximately Rs 11.80 crore upon full subscription.

Why this matters

This rights issue allows current shareholders to maintain or increase their proportionate stake in the company at a set price. For the company, the capital infusion is intended to strengthen its financial position. The issue process is strictly time-bound, and investors who do not act on their Rights Entitlements (REs) by the November 20, 2026, deadline will see those entitlements lapse without any allotment.

Transaction Details and Timeline

• Record Date: November 4, 2026
• Rights Issue Ratio: 3:8 (3 rights shares for every 8 existing shares held)
• Issue Opens: November 13, 2026
• Issue Closes: November 20, 2026
• Renunciation Deadline: On-market renunciation must be completed by November 16, 2026.

Share Capital Impact

If fully subscribed, the total number of outstanding equity shares for Suvidhaa Infoserve will rise from 20,98,06,690 shares to 28,84,84,199 shares. All payments for the rights shares must be made in full at the time of the application.

Risks to watch

Investors should note that the company has reserved the right to extend the closing date, though the total period remains capped under regulatory guidelines. Shareholders must ensure they hold the shares in their demat accounts by the record date to be eligible for the Rights Entitlements.