- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
SEPC Limited has announced a board meeting to approve an increase in Authorized Share Capital from ₹1,750 crore to ₹2,250 crore. This move is aligned with the company's strategy to raise additional equity, including a potential rights issue of up to ₹350 crore and the conversion of outstanding convertible debentures (CCDs) amounting to ₹175 crore into equity. Shareholder approval will be sought via a postal ballot, with voting commencing on November 21 and concluding on December 20. This development could enhance the company's financial flexibility, presenting potential growth opportunities for investors while solidifying shareholder interests.