SEPC Limited's Rights Issue Committee approved a corrigendum to the Letter of Offer (LOF) for its proposed Rights Issue on May 29, 2025.
The corrigendum addresses an inadvertent printing error on the cover page of the LOF, which incorrectly stated a premium of ₹ 5 per share instead of Nil.
The disclosure in the Letter of Offer, the Abridged Letter of Offer, and the Application Form, stands modified to reflect the Nil premium.
The Rights Issue involves the issuance of up to 35,00,00,000 partly paid-up equity shares with a face value of ₹ 10 each, offered at ₹ 10 per share (including Nil premium).
The issue aims to raise up to ₹ 35,000 lakhs on a rights basis to existing shareholders in the ratio of 11 rights equity shares for every 50 fully paid-up equity shares held, with a record date of May 23, 2025.
The Corrigendum will be available on the websites of SEBI (www.sebi.gov.in), NSE (www.nseindia.com), BSE (www.bseindia.com), SEPC (www.sepc.in) and Sumedha Fiscal Services Limited (www.sumedhafiscal.com).