Covance Softsol Ltd — Important, 23-09-2025: Company Update

Covance Softsol Limited has successfully completed the allotment for its Rights Issue, distributing 73,81,844 fully paid-up equity shares at Rs. 10 each, aggregating to Rs. 7.38 crore. The issue, which received significant investor interest, was oversubscribed by 232.49%. All valid applications were considered for allotment. Allotment advice and refunds are being processed, with shares expected to be credited to demat accounts. Trading of these new Rights Equity Shares is anticipated to commence on the stock exchange shortly, enhancing the company's equity base.