Advik Capital rights issue now open for subscription - Check details

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Rights Issue: The rights contented of Non-banking fiscal institution (NBFC) Advik Capital is present unfastened for subscription.

The rights issue, which is present unfastened for subscription, volition beryllium closed connected October 4.

According to the speech filing, the company's committee has besides fixed the terms and grounds date.

The institution said that September 12, 2024, has been fixed arsenic the grounds day for determining the equity shareholders entitled to person rights entitlements successful the rights issue.

Earlier, the institution reported a surge of astir 140 per cent successful nett net successful the archetypal 4th of the fiscal twelvemonth 2024-25.

The institution said that its quarterly nett net successful June 2024 was Rs 2.22 crore arsenic compared to Rs 0.91 crore successful the aforesaid 4th past year.

Similarly, Advik Capital's nett income are astatine Rs 4.97 crore successful the archetypal 4th of the fiscal twelvemonth 2024, up 11.18 per cent from Rs 4.47 crore successful June 2023.

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