S.I.Capital & Financial Services Limited has announced that its Board of Directors will convene on March 07, 2026, to discuss strategic fund raising initiatives. The meeting, scheduled to be held through video conferencing and other audio-visual means, represents a significant step in the company's capital planning activities.

Meeting Details and Agenda

The board meeting has been formally scheduled in compliance with Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The primary focus of the meeting will be to evaluate and consider various financing options available to the company.

Fund Raising Options Under Consideration

The board will deliberate on multiple financing strategies to strengthen the company's capital structure. The comprehensive approach includes exploring various market segments and financing instruments to optimize capital raising efforts.

The key fund raising options to be discussed include:

• Raising funds through borrowings
• Issuance of redeemable non-convertible debentures
• Onshore market opportunities
• Offshore market possibilities
• Private placement arrangements
• Preferential allotment basis

Strategic Flexibility in Fund Raising

The company has indicated that the final mode of fund raising will be determined by the Board of Directors based on prevailing market conditions. This flexible approach allows the company to adapt its financing strategy to optimize terms and market timing.

Regulatory Compliance and Documentation

The meeting notification was signed by Sujith K Ravindranath, Company Secretary, and submitted to BSE Limited on March 04, 2026. The formal communication ensures compliance with listing obligations and provides transparency to stakeholders regarding the company's strategic financial planning activities.

SI Capital & Financial Services Limited's board of directors has approved a significant capital raising initiative through a rights issue proposal worth up to ₹10 crore. The decision was taken during a board meeting held on February 20, 2026, marking an important step in the company's fundraising strategy.

Rights Issue Details

The board approved the proposal for issuing equity shares with specific parameters outlined for the rights offering:

The rights issue will be offered to eligible equity shareholders of the company as on the record date, which will be notified subsequently. The issuance will be conducted in accordance with applicable laws, including SEBI regulations for capital issuance and listing obligations.

Board Committee Formation

The board constituted a dedicated rights issue committee to oversee the entire process and make crucial decisions regarding the offering. The committee will be responsible for determining several key aspects of the rights issue:

• Setting the record date for eligible shareholders
• Determining the rights issue price
• Finalizing the rights entitlement ratio
• Appointing intermediaries for the issue
• Deciding other terms and conditions

Meeting and Regulatory Compliance

The board meeting was conducted efficiently, commencing at 03:30 PM and concluding at 03:50 PM on February 20, 2026. The company initially filed the outcome with BSE but subsequently received guidance to resubmit with additional disclosures as per SEBI circular dated November 11, 2024.

Regulatory Framework

The rights issue will be conducted under comprehensive regulatory oversight, ensuring compliance with multiple frameworks. The company will adhere to Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, and Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with relevant SEBI circulars and Companies Act, 2013 provisions.

The company secretary and compliance officer, Sujith K Ravindranath, signed the regulatory filings, ensuring proper documentation and compliance with exchange requirements. The revised filing incorporated all requisite disclosures as prescribed under the SEBI circular for corporate announcements related to securities issuance.