Covance Softsol Ltd — Important, 22-09-2025: Company Update
22-09-2025 | 06:23 pm
22-09-2025 | 06:23 pm
Covance Softsol Limited's Rights Issue Committee has approved the allotment of 73,81,844 fully paid-up Rights Equity Shares at an issue price of Rs. 10 each. These shares were allotted in a 1:2 ratio. This development increases the company's paid-up equity share capital from Rs. 14.76 Cr (1,47,63,689 shares) to Rs. 22.15 Cr (2,21,45,533 shares). The successful completion of this rights issue strengthens the company's capital base and significantly alters the outstanding share count, impacting per-share metrics for investors.
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