Vertex Securities Limited has officially declared March 12, 2026 as the record date for its rights issue entitlement following the board meeting held on March 6, 2026. The company announced the comprehensive outcome under Regulation 30 and 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, finalizing the issue size at Rs. 1,480.24 lakhs.

Rights Issue Structure and Terms

The board meeting approved detailed terms for the rights issue of partly paid-up equity shares with specific parameters:

The rights entitlement ratio of 1:1 means eligible shareholders will receive one rights equity share for every one equity share held on the record date. This represents a refinement from the initially approved amount not exceeding Rs. 15 crores announced in the January 28, 2026 board meeting.

Payment Schedule and Call Structure

The rights issue follows a structured payment mechanism with specific timelines:

The company will implement not more than two calls to complete the remaining payment, with both calls scheduled for completion on or before March 30, 2027. The board retains authority to determine the timing and quantum of each call payment.

Share Capital Impact

The rights issue will significantly transform the company's equity structure:

Regulatory Compliance and Arrangements

Vertex Securities has secured necessary regulatory approvals and established comprehensive arrangements for the rights issue. The company has coordinated with NSDL and CDSL for dematerialized credit of rights entitlements under ISIN INE316D20016, following SEBI Master Circular HO/49/14/14(2)2026-CFD-POD2/I/4518/2026 dated February 9, 2026.

Rights entitlements will be credited to eligible shareholders' demat accounts prior to the issue opening date. The board also approved the Letter of Offer for submission to SEBI and BSE Limited. The board meeting commenced at 5:00 PM and concluded at 5:47 PM on March 6, 2026, with Company Secretary and Compliance Officer Venkitesh Iyer overseeing the regulatory communications.

Vertex Securities Limited has formally notified the stock exchanges about its upcoming board meeting scheduled for February 10, 2026. The meeting has been convened to consider and approve the company's unaudited financial results for the third quarter of fiscal year 2026.

Board Meeting Details

The company has issued a prior intimation under Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, informing BSE Limited about the scheduled board meeting. The meeting will focus on reviewing and approving both standalone and consolidated unaudited financial results for the quarter ended December 31, 2025.

Trading Window Restrictions

In accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, Vertex Securities has implemented trading window restrictions for its connected and designated persons. The trading window, which was initially closed from January 01, 2026, will remain closed until 48 hours after the announcement of the unaudited financial results.

This measure ensures compliance with insider trading prevention norms and maintains market integrity during the period leading up to and immediately following the financial results disclosure.

Company Information

Vertex Securities Limited operates as a subsidiary of Transwarranty Finance Limited and is headquartered in Kochi, Kerala. The company is listed on BSE Limited with scrip code 531950. The formal intimation was signed by Venkitesh Iyer, Company Secretary and Compliance Officer, on February 04, 2026.

The announcement demonstrates the company's commitment to regulatory compliance and transparent communication with stakeholders regarding material corporate developments.