NCL Research & Financial Services Ltd

Rights issue: record date and entitlement

• Record Date: August 27, 2026 for eligibility to apply for Rights Equity Shares.
• Total rights issue size: 49,94,86,400 equity shares at Re 1 each, up to Rs 4,994.86 lakhs.
• Right Entitlement ratio: 7 new shares for every 15 existing shares.
• Rights Entitlement will be credited in demat accounts prior to issue opening date.
• Credit arrangements with NSDL and CDSL for demat credit are in place.
• Board approved the record date on August 21, 2026.

Rights issue terms and timelines

• Right Issue Size fixed at ₹4,994.86 Lakhs.
• Right Shares: 49,94,86,400 equity shares of ₹1 each.
• Right Issue Price: ₹1 per share; premium nil.
• Rights Entitlement: 7 new shares per 15 existing shares.
• Record Date: Thursday, 27 August 2026.
• Open: 3 September 2026; Close: 18 September 2026.
• Renunciation last date: 15 September 2026.
• Payment: Full amount due on applying.
• ISIN entitlement credits in demat accounts prior to opening.
• Extension: up to 30 days from opening; withdrawal not permitted after closing.

Regulatory filings and approvals

• Letter of Offer dated 21 Aug 2026 approved for SEBI and BSE filings.
• ALOF, REL, CAF prepared for issue.
• Rights Issue Committee considered other modalities.

Record date details

• Purpose: determine eligible equity shareholders for the Rights Issue
• Security: equity shares
• Record date: 24 August 2026
• Rights issue size: 49,94,86,400 shares at ₹1 each (₹4,994.86 lakhs)
• Credit arrangements with NSDL and CDSL for demat entitlement
• Entitlements credited in demat accounts prior to issue opening date

Rights issue terms

• 49,94,86,400 rights shares of ₹1 each approved.
• Right issue size ₹4,994.86 lakh (₹499.486 crore).
• Right issue price ₹1 per share (no premium).
• Entitlement ratio 7 new shares per 15 existing.
• Record date fixed at 24 August 2026.
• Open 31 August 2026; close 16 September 2026; renunciation by 10 September 2026.
• Full payment due on application date.
• ISIN entitlement credit to demat accounts prior to opening.
• NSDL/CDSL arrangements for credit of rights entitlement.
• Issue period may be extended up to 30 days.

Regulatory filings and approvals

• LOF dated 21 Aug 2026 approved for SEBI/BSE filing.
• Abridged LOF, REL, and CAF approved.
• Rights Issue Committee considered other modalities.

Meeting Details

• Board meeting scheduled for August 21, 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve issue price and size for the proposed Rights Issue.
• Consider and approve Exchange Ratio / Rights entitlement ratio for the Rights Issue.
• Fix Record Date to determine eligible shareholders for the Rights Issue.
• Determine opening date, closing date, and last date for market renunciation.
• Adopt the LOF, ALOF, REL, and CAF documents for the Rights Issue.
• Any other matter incidental and connected to the Rights Issue.

Other Notes

• Trading window closure periods are not disclosed.

Right issue update

• In-principle approval for a proposed rights issue received from BSE; terms of issue not disclosed.

Financials Q1FY27

• Quarter ended 30 June 2026; standalone results.
• Interest income ₹166.06 lakh; dividend ₹0.56 lakh; total revenue from operations ₹166.62 lakh.
• Total income ₹222.07 lakh for the quarter.
• Profit before tax ₹148.63 lakh.
• Tax expense ₹35.72 lakh.
• Profit after tax ₹112.91 lakh.
• EPS (continuing operations): basic ₹0.01, diluted ₹0.01.
• Single segment: Finance & Investments.
• Limited Review by Maheshwari & Co; board approved on 11 Aug 2026.
• Emphasis of matter: interest income not recognised on certain loans; ECL provided.

Meeting Details

• Meeting date: August 11, 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve Un-Audited Q1 FY27 financial results for quarter ended June 30, 2026.

Other Notes

• No additional material notes disclosed.