Vertex Securities Ltd. Announces Subscription by Specific Investors in Rights Issue
Vertex Securities Limited announced that specific investors have subscribed to shares renounced by promoters in the company’s ongoing rights issue. The rights issue aims to raise up to ₹1,480.24 lakhs through the issuance of equity shares with a face value of ₹2 each.According to a filing, promoters have renounced their shares, and the following specific investors have committed to subscribe to the renounced shares as of 11:00 a.m. on March 20, 2026, which was the issue opening date.
Details of Subscription Commitments:
| Sr. No. | Regulation | Name of Specific Investor (Renouncee) | Name of Promoter (Renouncer) | Number of Equity Shares Renounced | Number of Shares Committed for Subscription (in case of under-subscription) | PAN of Specific Investor |
|---|---|---|---|---|---|---|
| 1 | 77B(1)(a) | Areeza India Strategy Partners LLP | Transwarranty Finance Limited | 3,92,53,950 | 3,92,53,950 | ACDFA7868H |
| 2 | 77B(1)(a) | Areeza India Strategy Partners LLP | Kumar Nair | 1,41,77,543 | 1,41,77,543 | ACDFA7868H |
| Total | 5,34,31,493 | 5,34,31,493 |
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