SEPC Limited — QIP/Rights/Pref., 13-05-2025: Rights Issue

SEPC Limited is raising Rs. 350 Cr through a rights issue at Rs. 10 per partly paid-up share (face value Rs. 10). Shareholders can buy 11 partly paid shares for every 50 fully paid shares they hold as of May 23, 2025. Payment comes in two halves of Rs. 5 each—one at application and one on final call. This move boosts capital but will dilute existing shareholding initially, with additional funding needed later, which could affect shareholder equity and the company’s capital structure.