Exicom Tele-Systems Limited — Important, 01-07-2025: Committee Meeting Updates

Exicom Tele-Systems has announced a board meeting to finalize the terms of its Rights Issue. The company will issue up to 1.81 crore fully paid equity shares at ₹143 each, aggregating up to ₹259.41 Cr, with an entitlement ratio of 3 shares for every 20 held. The record date for eligibility is July 7, 2025, and the issue will open on July 15, 2025, closing on July 30, 2025. Rights entitlements will be credited to shareholders’ demat accounts ahead of the issue opening. This fundraise will increase outstanding shares from approximately 12.09 crore to 13.91 crore assuming full subscription.