23-Oct-2026 20:00:56

IFINSERGeneral news

INTERACTIVE FINANCIAL : BOARD APPROVES RIGHTS ISSUE WORTH OVER RS 58 CR

• Board approved issue of 5,89,06,105 fully paid equity shares of face value ₹10 each at ₹10 per share on rights basis • Total rights issue size ₹5,890.61 lakhs (~₹58.91 Cr), assuming full subscription • Rights entitlement ratio 17 rights shares for every 2 fully paid shares held; record date October 30, 2026 • Issue opens November 6, 2026 and closes November 26, 2026; on-market renunciation last date November 19, 2026 • Outstanding equity shares to rise from 69,30,130 to 6,58,36,235 post issue (assuming full subscription) Impact: Neutral (Large 17:2 rights raise at ₹10 per share adds capital but causes heavy equity dilution; no use of proceeds stated)

Interactive Financial Services Ltd

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