California Software Company Limited — Important, 13-02-2025: Updates

The Rights Issue Committee of California Software Company Limited has approved the allotment of 4.63 crore partly paid-up equity shares, each with a face value of ₹10, at a subscription price of ₹10 per share to eligible applicants. Following this allotment, the company’s issued equity share capital increases from ₹15.45 crore to ₹27.05 crore. The capital is now composed of 1.54 crore fully paid equity shares and 4.63 crore partly paid equity shares with a paid-up value of ₹2.50 each. This move strengthens the company’s capital base, which may enhance its financial flexibility and support future growth initiatives. Investors should watch closely for any strategic developments following this capital increase.