SI Capital & Financial Services Limited has published newspaper advertisements on August 6, 2026, confirming the dispatch of the Letter of Offer in connection with its proposed rights issue of up to 75,75,000 fully paid-up equity shares of face value ₹10 each. The issue is priced at ₹10 per rights equity share and aggregates up to ₹757.50 Lakhs. The advertisements were published in Financial Express (English), Jansatta (Hindi), and The Hindu (Tamil), in compliance with Regulation 84(1) of the SEBI ICDR Regulations.

Issue Structure and Key Terms

The rights issue is being offered to eligible equity shareholders of the company in the ratio of 3 rights equity shares for every 2 fully paid-up equity shares of ₹10 each held as on the record date, i.e., July 31, 2026. The promoter of the company is Sharewealth Securities Limited. The following table summarises the key parameters of the issue:

Issue Programme

The issue schedule is structured as follows:

The board or a duly authorised committee retains the right to extend the issue period, subject to a maximum of 30 days from the issue opening date. No withdrawal of application is permitted after the issue closing date.

Payment Schedule

The entire issue price is payable on application, with no premium component, as detailed below:

Application Process and ASBA Requirements

All investors are mandatorily required to apply through the Application Supported by Blocked Amount (ASBA) process, in accordance with Regulation 76 of the SEBI ICDR Regulations. No cheques will be accepted. Investors must submit their application forms to the designated branch of a Self-Certified Syndicate Bank (SCSB) or apply online through the SCSB's website, authorising the blocking of the application money in their ASBA account.

Eligible equity shareholders holding shares in physical form as on the record date who wish to subscribe must furnish their demat account details to the registrar or the company at least three working days prior to the issue closing date, i.e., September 03, 2026. Rights entitlements and allotment of rights equity shares will be made in dematerialised form only, in accordance with Regulation 77A of the SEBI ICDR Regulations.

Renunciation of Rights Entitlements

Investors may renounce their rights entitlements, either in full or in part, through two routes:

• On-Market Renunciation: Rights entitlements may be traded on the secondary market platform of BSE during the renunciation period from August 10, 2026 to August 28, 2026 (both days inclusive), under ISIN INE417F20017, on a T+1 rolling settlement basis.
• Off-Market Renunciation: Rights entitlements may be transferred through a depository participant via a delivery instruction slip, quoting ISIN INE417F20017, on or prior to the issue closing date.

Investors who purchase rights entitlements through either route must submit an application for subscribing to the rights equity shares on or before the issue closing date. Rights entitlements for which no application is made will lapse and be extinguished after the issue closing date.

Listing, Availability of Issue Materials, and Company Background

The rights equity shares, upon allotment, are proposed to be listed and admitted for trading on BSE, subject to necessary approvals. The company has received in-principle approval from BSE dated June 24, 2026. The existing equity shares of the company are listed on BSE.

SI Capital & Financial Services Limited was originally incorporated on November 8, 1994, as a public limited company under the Companies Act, 1956. On March 05, 1998, the RBI granted the company a certificate of registration as a non-deposit accepting non-banking financial company under Section 45IA of the Reserve Bank of India Act, 1934. The company's registered office is located at No. 28, Second Floor, New Scheme Road, Pollachi, Coimbatore, Tamil Nadu – 642001, and its corporate office is in Thrissur, Kerala.

The Letter of Offer, application form, and other issue materials are available on the websites of the company ( www.sicapital.co.in ), the registrar ( www.in.mpmf.muft.com / www.in.mpms.mufg.com ), and BSE ( www.bseindia.com ). Investors with queries may contact the registrar, MUFG Intime India Private Limited, at +91 81081 14949 or at sicapfin.rights2026@in.mpms.mufg.com .

S I Capital & Financial Services reported a net profit of ₹14.15 lakh for the quarter ended June 30, 2026, down 29.7% from ₹20.12 lakh in the corresponding period of FY25. While total income from operations expanded by 28.2% year-on-year to ₹109.86 lakh from ₹85.72 lakh, the company’s bottom line contracted, indicating pressure on operating margins during the first quarter of FY27.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at a meeting held on July 24, 2026. The company published the statement of unaudited financial results in Business Line (All India Edition) and The Hindu Tamil (Coimbatore Edition) on July 25, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance Overview

Total income from operations grew sequentially from ₹103.16 lakh in the fourth quarter of FY25 to ₹109.86 lakh in Q1FY26. However, this top-line growth did not translate into proportional profit expansion. Net profit before tax fell 29.7% year-on-year, mirroring the decline in post-tax profits. Earnings per share (EPS) dropped to ₹0.28 from ₹0.41 in the previous year’s corresponding quarter.

Equity share capital remained unchanged at ₹505.00 lakh, comprising shares with a face value of ₹10 each. The total comprehensive income for the period stood at ₹14.15 lakh, identical to the net profit after tax, indicating no other comprehensive income items impacted the quarter’s results.

What the Numbers Show

The divergence between revenue growth and profit contraction suggests rising operational costs or lower-margin business mix in Q1FY26. While income from operations increased by ₹24.14 lakh year-on-year, net profit declined by ₹5.97 lakh. This inverse movement highlights a compression in net profit margins, which fell to approximately 12.9% in Q1FY26 compared to 23.5% in Q1FY25. Investors should monitor whether this margin erosion is a temporary seasonal effect or indicative of structural cost pressures in the company’s core financial services segments.