New Delhi, June 26 -- SEPC share price was volatile on Thursday despite a strong rally in the broader Indian stock market today. SEPC announced the closure of its rights issue of shares worth Rs.350 crore with heavy oversubscription.

SEPC rights issue was launched on June 9, and closed on June 23. The company issued 35,00,00,000 partly paid-up equity shares aggregating to Rs.350 crore, having issue price of Rs.10 per share on a rights basis to the eligible equity shareholders of the company.

The rights issue ratio was 11:50, which is eleven Rights Equity Share for every fifty fully paid-up equity shares held as on record date i.e. May 23, 2025. The payment schedule for SEPC rights issue being partly paid up was 50% i.e. Rs.5 per share p...