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Vertex Securities LtdImportant, 06-03-2026: Company Update

06-03-2026 | 06:59 pm

Vertex Securities' Board has approved the specific terms for its Rights Issue, aiming to raise funds up to Rs. 14.80 Cr. The company will issue up to 7,40,12,189 partly paid-up equity shares at Rs. 2 per share. Shareholders will pay Rs. 0.50 upon application, with the remaining Rs. 1.50 due in future calls by a specified upcoming year. The entitlement ratio is 1:1, allowing shareholders to subscribe to one new share for every existing share they hold. This fundraise is a key step for the company's capital structure.

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