VEDAVAAG Systems plans rights issue
VEDAVAAG Systems (BSE: VEDAVAAG) said it has taken up rights issue. The company is valued at about ₹53.78 crore.
What happened
VEDAVAAG Systems (BSE: VEDAVAAG) informed the stock exchanges on 14 October 2026 at 06:03 PM that it has taken up rights issue.
Company snapshot
VEDAVAAG Systems is a micro-cap company, with a market value of about ₹53.78 crore.
The stock last traded at ₹22.92, against a 52-week range of ₹16.98–₹25.69 (10.8% below the high).
Before this filing the shares had moved +1.3% over the month. Average daily turnover over the last 20 sessions was about ₹0.18 crore.
Promoters held 35.16% at the end of Q1 FY27; 42.43% of promoter shares were pledged.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 26 | 1.6 | 0.69 |
| Q2 FY26 | 19 | 1.1 | 0.47 |
| Q3 FY26 | 17 | 1 | 0.43 |
| Q4 FY26 | 33 | 0 | 0.01 |
| Q1 FY27 | 19 | 1 | 0.4 |
What history shows
BCEIE has no earlier fund raising filing from this company on record since May 2026.
Market-wide, 1,571 fund raising filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 48% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- How the money raised is used and, for equity instruments, the dilution for existing shareholders.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.