Salem Erode Investments Ltd (540181) — Board Meeting | 29 August 2026

· BSE 🟡 Notable Neutral
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings
📢 Key Event
Board approved rights issue of up to 1,14,65,520 shares at ₹20 per share.
🔄 What Changed
Approved rights issue size, price, and tentative schedule.
🔮 What's Next
Tentative closing date of September 25, 2026, and allotment date of September 28, 2026.
💡 Investor Takeaway
The rights issue will dilute existing shareholders' ownership but may raise capital for growth.

The board approved a rights issue of up to 1,14,65,520 equity shares at ₹20 per share (₹19 premium), raising up to ₹2,293.10 Lakhs, with a record date of September 3, 2026, and tentative closing on September 25, 2026, subject to regulatory approvals.

📄 View Original Announcement (PDF)

About Salem Erode Investments Ltd (540181)

Financial Services · Finance · Listed on BSE

Market Cap: ₹41.28 Cr ROE: -30.3% ROCE: -20.3%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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