Covance Softsol Ltd — Important, 02-09-2025: Company Update

Covance Softsol has proposed a Rights Issue, offering up to 73,81,844 new fully paid-up Equity Shares. Each share is priced at Rs. 10, totaling Rs. 7.38 Crore. Eligible shareholders can subscribe to 1 Rights Equity Share for every 2 existing shares they hold. This capital raise provides an opportunity for shareholders to increase their stake and will help strengthen the company's financial base to support ongoing operations and future growth initiatives. The company confirmed these details through recent public advertisements.