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SEPC informs about outcome of rights issue committee meeting

02 May 2023 Evaluate
In furtherance to the previous intimation letters submitted by the Company, in respect of its proposed issue of Equity Shares on a rights basis ('Rights Issue'), SEPC has informed that, in accordance with the Letter of Offer dated March 23, 2023, and the Basis of Allotment finalised in consultation with the Registrar to the Issue and BSE, (the Designated Stock Exchange for the Rights issue), the Rights Issue Committee of the Board of Directors of the Company has, at in its meeting held today, May 02, 2023, approved the allotment of 4,99,00,000 fully paid-up Equity Shares of face value of Rs 10 each on a rights basis, at an issue price of Rs 10 per Equity Share (including premium of Rs NIL per Equity Share) to the eligible applicants. The meeting of the Rights Issue Committee commenced at 10.30 AM and completed at 11.00 AM.

The above information is a part of company’s filings submitted to BSE.

SEPC Share Price

7.41 -0.24 (-3.14%)
20-Apr-2026 16:59 View Price Chart
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