Shri Niwas Leasing Rights Issue Committee Approves Final Call with March 06 Record Date
Shri Niwas Leasing and Finance Limited's Rights Issue Committee approved the first and final call of Rs. 5 per share on 3,99,70,000 partly paid equity shares, totaling Rs. 19,98,50,000. The committee fixed March 06, 2026 as record date with payment period from March 25 to April 08, 2026, while trading suspension begins March 06, 2026.

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Shri Niwas Leasing and Finance Limited has announced the outcome of its Rights Issue Committee meeting held on February 27, 2026, approving the first and final call on partly paid-up equity shares. The committee meeting concluded with key decisions regarding the completion of the rights issue process, establishing a comprehensive timeline for shareholders.
Committee Meeting Outcome and Key Decisions
The Rights Issue Committee approved the first and final call of Rs. 5.00 per share on 3,99,70,000 partly paid equity shares with a face value of Rs. 10.00 each. These shares were originally allotted on April 09, 2025, pursuant to the Letter of Offer dated February 20, 2025. The committee meeting commenced at 04:00 PM IST and concluded at 04:30 PM IST.
| Parameter: | Details |
|---|---|
| First and Final Call Amount: | Rs. 5.00 per share |
| Total Call Amount: | Rs. 19,98,50,000 |
| Outstanding Shares: | 3,99,70,000 partly paid equity shares |
| Face Value: | Rs. 10.00 per share |
| Paid-up Amount: | Rs. 5.00 per share |
Record Date and Payment Schedule
The committee has established March 06, 2026 as the record date for determining eligible holders of partly paid-up equity shares who will receive the call notice for payment. The payment window provides shareholders with a structured timeline to complete their payment obligations, with the call money payment period opening on March 25, 2026 and closing on April 08, 2026.
| Timeline: | Date |
|---|---|
| Record Date: | March 06, 2026 (Friday) |
| Payment Period Opens: | March 25, 2026 (Wednesday) |
| Payment Period Closes: | April 08, 2026 (Wednesday) |
| Trading Suspension: | After March 05, 2026 trading hours |
Trading Suspension and Share Details
Trading of partly paid-up equity shares will be suspended on stock exchanges after the closure of trading hours on March 05, 2026. Shareholders will not be able to trade in partly paid equity shares from March 06, 2026 onwards. The company has provided specific details for the partly paid equity shares that will be suspended.
| Trading Details: | Information |
|---|---|
| Fully Paid Scrip Code: | 538897 |
| Partly Paid Scrip Code: | 890213 |
| Partly Paid Symbol: | SNLFPP |
| ISIN: | IN9201F01013 |
| Suspension Date: | March 06, 2026 |
Regulatory Compliance and Next Steps
The announcement was made in compliance with Regulation 30 and Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company will send detailed first and final call notices to eligible equity shareholders in due course, providing comprehensive information about the payment process and requirements. This represents the final stage of the rights issue process, enabling the conversion of partly paid-up shares to fully paid-up equity shares upon successful payment by shareholders. The outcome is also available on the company's website at www.shriniwasleasingfinance.in .
Historical Stock Returns for Shri Niwas Leasing and Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.92% | +4.92% | -5.24% | -12.34% | -0.37% | +29.21% |



























