Exicom Tele-Systems Limited — Others, 10-07-2025: Copy of Newspaper Publication
10-07-2025 | 01:43 pm
10-07-2025 | 01:43 pm
Exicom Tele-Systems Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company has launched a Rights Issue to raise up to Rs 259.14 Cr by issuing up to 18.14 million equity shares at Rs 143 each, offered in the ratio of 3 shares for every 20 held. Rights Entitlements have been credited to eligible shareholders’ demat accounts, with applications to be made through the ASBA process. Shareholders holding shares in physical form must convert to demat to participate. The issue opens on July 15 and closes on July 30, with provisions for renunciation and transfer of rights entitlements before closure. Overseas and U.S. investors face restrictions on participation.
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