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Exicom Tele-Systems Ltd. ( (IN:EXICOM) ) has provided an update.
Exicom Tele-Systems Limited has announced the successful allotment of 18,140,840 equity shares as part of its Rights Issue, which was oversubscribed by 115.66%. The shares were offered at a price of ₹143 each, including a premium, and are expected to commence trading on the BSE and NSE from August 4, 2025. This move is expected to strengthen Exicom’s financial position and enhance its market competitiveness.
More about Exicom Tele-Systems Ltd.
Exicom Tele-Systems Limited, originally incorporated as Himachal Exicom Communications Limited in 1994, operates in the telecommunications industry. The company is engaged in providing telecommunication systems and solutions, with a focus on expanding its market presence through strategic financial initiatives.
Average Trading Volume: 89,393
Technical Sentiment Signal: Strong Sell
Current Market Cap: 22.92B INR
For detailed information about EXICOM stock, go to TipRanks’ Stock Analysis page.