Technologies Limited and the Board of Directors of the Rights Issue Committee of the Company has, at its…
As filed · General Updates
CapitalWatchNotablemateriality 69 out of 100
What happened
FactTechnologies Limited and the Board of Directors of the Rights Issue Committee of the Company has, at its meeting held. on today, i.e., March 17, 2026 approved the allotment of 2,40,00,000 Rights Equity Shares of face value of ₹10/- for cash. at an issue price of ₹ 15/- per Rights Equity Share, including a premium of ₹ 5/- per Rights Equity Share (“Allotment”).
Why it matters
CapitSignal interpretationExisting holders can maintain their stake only by putting in more money; those who do not subscribe are diluted.
Watch next
Fact- Rights ratio and issue price
- Record date and subscription window
- Promoter intention to subscribe
Evidence
How CapitSignal classified this
- Reasoning:
- RIGHTS_ISSUE base 64; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%