Indian Infotech & Software Limited Extends Rights Issue Closing Date to September 2, 2025
Indian Infotech & Software Limited has extended the closing date of its ongoing rights issue from August 20, 2025, to September 2, 2025. The Issue Opening Date remains unchanged at August 6, 2025. The company has released an updated schedule for post-issue activities, including finalization of allotment basis, allotment date, and listing application dates. No changes have been made to the terms and conditions outlined in the Letter of Offer. An addendum reflecting the revised timeline will be available on the company's website, the Registrar's website, and BSE's website.
23Jun 25
Indian Infotech & Software Announces Rights Issue to Raise Up to ₹470 Crore
Indian Infotech & Software Ltd. has approved a rights issue to raise up to ₹470.00 crore. This corporate action allows existing shareholders to purchase additional shares, potentially at a discounted price. The move aims to strengthen the company's financial position and provide capital for future growth initiatives. Shareholders face the opportunity to increase their stake but also risk dilution if they don't participate.