PNN DigitalPNN Digital
    Facebook Twitter Instagram
    Thursday, August 28
    Trending
    • Vijay Deverakonda’s Bold Tease: Is the ‘Kingdom’ Sequel Set to Be Even More Electrifying Than Its Predecessor?
    • Khabarchhe Awards 2025 Honour 28 Changemakers
    • AI Will See You Now: How Artificial Intelligence is Redefining Diagnosis and Treatment
    • Surat artist-engineer Shailesh Tandel imagines futuristic Green Global Smart City
    • Indian Food Books Kids Will Love: 5 Delicious Must-Reads
    • Jamboree and GMAC Team Up to Boost Women’s Representation in Business Schools
    • TANAKA to Showcase Advanced Semiconductor Materials in its Inaugural Participation at SEMICON India 2025
    • Bulkcorp International Limited Commissions Solar Power Plant as Part of Sustainability Initiative
    Submit News
    PNN DigitalPNN Digital
    Subscribe
    • Home
    • News
    • Business
    • Entertainment
    • National
    • Lifestyle
    • More
      • Sports
      • Health
      • Finance
      • Education
    PNN DigitalPNN Digital
    Home»Business

    SEPC Limited Announces Rights Issue Opening on June 9, 2025

    PNN NewsdeskPNN NewsdeskUpdated:11/06/2025 Business 2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Mumbai (Maharashtra) [India], June 11: SEPC Limited, (NSE Code: SEPC), (BSE Code: 532945), is one of the leading EPC player in Water and Municipal Services, Roads, Industrial, and Mining sectors, announces the opening of its Rights Issue on Monday, June 09, 2025, aiming to raise ₹ 350 Crore.

    The issue size is 35,00,00,000 equity shares at a face value of ₹ 10 each.

    Rights Issue details:

    • Right Issue Price – ₹10 Each Share
    • Payment Terms – ₹5 per share on application. The remaining ₹ 5 per share will be called within one or more subsequent calls by the board of the company.
    • Right Issue Size – ₹350 Crore
    • Right Entitlement – 11 Shares for every 50 shares held
      • Record Date – 23rdMay 2025
      • Renunciation Of RE – 09thto 17th June 2025

    The net proceeds from the Rights Issue will be utilized for Payment of Non-Convertible Debentures (principal and interest), Repayment or pre-payment of existing borrowings, Funding for enhanced margin on non-fund-based limits, to meet existing and additional working capital requirements and for general corporate purposes.

    Mr. Abdulla Mohammad Ibrahim Hassan Abdulla, Chairman and Non-Executive of SEPC Limited expressed “We are delighted to launch our Rights Issue, a key step in enhancing our financial resilience and increasing our operational agility. The proceeds from this issue will be strategically utilized to strengthen our working capital, ensure timely execution of ongoing and upcoming projects across the water, municipal, roads, industrial, and mining sectors, and accelerate the scale-up of our future growth initiatives. In addition, this capital raise will support operational efficiencies, reduce dependency on external borrowings, and position us to capitalize on emerging opportunities in India’s infrastructure development landscape.”

    If you have any objection to this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 24 hours.

    SEPC Limited
    PNN Newsdesk

    Keep Reading

    Khabarchhe Awards 2025 Honour 28 Changemakers

    AI Will See You Now: How Artificial Intelligence is Redefining Diagnosis and Treatment

    Surat artist-engineer Shailesh Tandel imagines futuristic Green Global Smart City

    Indian Food Books Kids Will Love: 5 Delicious Must-Reads

    Jamboree and GMAC Team Up to Boost Women’s Representation in Business Schools

    TANAKA to Showcase Advanced Semiconductor Materials in its Inaugural Participation at SEMICON India 2025

    Recent Posts
    • Vijay Deverakonda’s Bold Tease: Is the ‘Kingdom’ Sequel Set to Be Even More Electrifying Than Its Predecessor?
    • Khabarchhe Awards 2025 Honour 28 Changemakers
    • AI Will See You Now: How Artificial Intelligence is Redefining Diagnosis and Treatment
    • Surat artist-engineer Shailesh Tandel imagines futuristic Green Global Smart City
    • Indian Food Books Kids Will Love: 5 Delicious Must-Reads

    Vijay Deverakonda’s Bold Tease: Is the ‘Kingdom’ Sequel Set to Be Even More Electrifying Than Its Predecessor?

    27/08/2025

    Khabarchhe Awards 2025 Honour 28 Changemakers

    27/08/2025

    AI Will See You Now: How Artificial Intelligence is Redefining Diagnosis and Treatment

    27/08/2025

    Surat artist-engineer Shailesh Tandel imagines futuristic Green Global Smart City

    27/08/2025

    Indian Food Books Kids Will Love: 5 Delicious Must-Reads

    27/08/2025

    Jamboree and GMAC Team Up to Boost Women’s Representation in Business Schools

    27/08/2025
    Facebook Instagram Twitter
    • Legal Disclaimer
    • Privacy Policy
    • Contact Us
    • About Us
    © 2025 PNN Digital. Designed by Primex Media Services.

    Type above and press Enter to search. Press Esc to cancel.