SEPC Ltd Announces Rs. 350 Crore Rights Issue; Bags Rs. 180 million Order from Bajaj Energy.

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Chennai (Tamil Nadu) [India], May 20: SEPC Limited (formerly Shriram EPC Ltd), a leading EPC services provider, has announced a Rights Issue to raise up to ₹350 crore through the issuance of partly paid-up equity shares. The company’s Board of Directors approved the issue terms on May 13, 2025.

The Rights Issue comprises 349.80 crore partly paid-up equity shares at a face value of ₹10 each. The issue price is ₹10 per share, to be paid in two installments—₹5 on application and the remaining ₹5 on the first and final call. The…



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SEPC Ltd Announces Rs. 350 Crore Rights Issue; Bags Rs. 180 million Order from Bajaj Energy.


Chennai (Tamil Nadu) [India], May 20: SEPC Limited (formerly Shriram EPC Ltd), a leading EPC services provider, has announced a Rights Issue to raise up to ₹350 crore through the issuance of partly paid-up equity shares. The company’s Board of Directors approved the issue terms on May 13, 2025.

The Rights Issue comprises 349.80 crore partly paid-up equity shares at a face value of ₹10 each. The issue price is ₹10 per share, to be paid in two installments—₹5 on application and the remaining ₹5 on the first and final call. The…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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