{"id":38446,"date":"2025-06-11T13:49:32","date_gmt":"2025-06-11T08:19:32","guid":{"rendered":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/06\/11\/sepc-limited-announces-rights-issue-opening-on-june-9-2025\/"},"modified":"2025-06-11T13:49:32","modified_gmt":"2025-06-11T08:19:32","slug":"sepc-limited-announces-rights-issue-opening-on-june-9-2025","status":"publish","type":"post","link":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/06\/11\/sepc-limited-announces-rights-issue-opening-on-june-9-2025\/","title":{"rendered":"SEPC Limited Announces Rights Issue Opening on June 9, 2025"},"content":{"rendered":"<div>\n<p><span data-sheets-root=\"1\"><strong>Mumbai (Maharashtra) [India], June 11:<\/strong> <\/span>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,\u00a0announces the opening of\u00a0its Rights Issue on Monday, June 09, 2025, aiming to raise\u00a0\u20b9\u00a0350 Crore.<\/p>\n<p>The issue size is 35,00,00,000 equity shares at a face value of\u00a0\u20b9\u00a010 each.<\/p>\n<p><strong>Rights Issue details:<\/strong><\/p>\n<ul>\n<li>Right Issue Price \u2013\u00a0\u20b910\u00a0Each Share<\/li>\n<li>Payment Terms\u00a0\u2013\u00a0\u20b95 per share on application. The remaining\u00a0\u20b9\u00a05 per share will be called within one or more subsequent calls by the board of the company.<\/li>\n<li>Right Issue Size \u2013\u00a0\u20b9350 Crore<\/li>\n<li>Right Entitlement \u2013 11 Shares for every 50 shares held\n<ul>\n<li>Record Date \u2013 23<sup>rd<\/sup>May 2025<\/li>\n<li>Renunciation Of RE \u2013 09<sup>th<\/sup>to 17<sup>th<\/sup>\u00a0June 2025<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>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.<\/p>\n<p><strong>Mr. Abdulla Mohammad Ibrahim Hassan Abdulla, Chairman and Non-Executive of SEPC Limited\u00a0<\/strong>expressed \u201cWe 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\u2019s infrastructure development\u00a0landscape.\u201d<\/p>\n<p><em>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>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,\u00a0announces the opening of\u00a0its Rights Issue on Monday, June 09, 2025, aiming to raise\u00a0\u20b9\u00a0350 Crore. The issue size is 35,00,00,000 equity shares at a face value&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/dailynewsindia.co.in\/index.php\/2025\/06\/11\/sepc-limited-announces-rights-issue-opening-on-june-9-2025\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;SEPC Limited Announces Rights Issue Opening on June 9, 2025&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":38447,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[54],"class_list":["post-38446","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/38446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=38446"}],"version-history":[{"count":0,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/38446\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media\/38447"}],"wp:attachment":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=38446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=38446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=38446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}