Vertex Securities Fund Raise of ₹14.8 Cr
Vertex Securities Limited filed its quarterly Monitoring Agency Report for its ₹14.80 Crore Rights Issue. No deviations in fund utilization were reported for the period.
- Value
- ₹14.80 Cr
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Vertex Securities Limited filed its quarterly Monitoring Agency Report for its ₹14.80 Crore Rights Issue. No deviations in fund utilization were reported for the period.
Vertex Securities Limited allotted equity shares through a Rights Issue on March 30, 2026. Consequently, Transwarranty Finance Ltd's voting power decreased from 53.04% to 42.43% following the renunciation of its Rights Entitlements. The company's total capital now includes 7.40 crore fully paid and 7.40 crore partly paid equity shares.
Kumar Nair, a promoter of Vertex Securities Limited, renounced Rights Entitlements in a Rights Issue allotted on March 30, 2026. Consequently, his voting rights decreased from 19.16% to 15.32%. The company's total equity share capital increased following the allotment of fully and partly paid shares.