News Corporate Actions Shri Niwas Leasing and Finance Limited Schedules Rights Issue Committee Meeting for February 27, 2026Shri Niwas Leasing and Finance Limited Schedules Rights Issue Committee Meeting for February 27, 2026
Shri Niwas Leasing and Finance Limited has scheduled a Rights Issue Committee meeting for February 27, 2026, to consider the first and final call on partly paid-up equity shares issued through its rights issue and to fix the record date for eligible shareholders. The company has implemented a trading window closure from February 24, 2026, until 48 hours after the meeting concludes, ensuring compliance with insider trading regulations. This meeting represents a crucial step in completing the rights issue process and converting partly paid-up shares to fully paid-up equity shares.
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Shri Niwas Leasing and Finance Limited has announced a Rights Issue Committee meeting scheduled for February 27, 2026, to address key matters related to its ongoing rights issue process. The meeting notification was issued on February 24, 2026, in compliance with regulatory requirements.
Meeting Agenda and Key Decisions
The Rights Issue Committee meeting will focus on two primary agenda items that are crucial for the completion of the company's rights issue process:
| Agenda Item: | Details |
|---|---|
| First and Final Call: | Consideration and approval of first and final call on partly paid-up equity shares issued pursuant to the Rights Issue |
| Record Date Fixation: | Determination of record date for identifying holders of partly paid-up equity shares for call notice dispatch |
| Additional Matters: | Other related items, if any |
The committee will deliberate on the first and final call mechanism for partly paid-up equity shares that were issued as part of the rights issue. This step represents the final stage of the share allotment process, where shareholders will be required to pay the remaining amount on their partly paid shares.
Regulatory Compliance and Trading Window Closure
In adherence to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 29, the company has provided the mandatory intimation regarding the committee meeting. The notification ensures transparency and keeps stakeholders informed about significant corporate decisions.
The company has implemented a trading window closure for all designated persons, including their immediate relatives, effective from February 24, 2026. This restriction will remain in place until 48 hours after the conclusion of the board meeting, ensuring compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.
Company Information and Communication
Shri Niwas Leasing and Finance Limited, incorporated in 1984, operates from its registered office at Rajendra Place Metro Station, New Delhi. The company maintains active communication channels through its official website and email for stakeholder engagement.
| Parameter: | Details |
|---|---|
| Meeting Date: | February 27, 2026 (Friday) |
| Trading Window Closure: | February 24, 2026 to 48 hours post-meeting |
| Regulatory Framework: | SEBI (LODR) Regulations, 2015 |
| Notification Date: | February 24, 2026 |
The Rights Issue Committee meeting represents a significant milestone in the company's capital raising process, with the first and final call mechanism enabling the complete conversion of partly paid-up shares to fully paid-up equity shares for participating shareholders.
Historical Stock Returns for Shri Niwas Leasing and Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.93% | +7.34% | +20.63% | +78.37% | +116.85% | +116.85% |
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