SEPC Ltd Announces ₹350 Crore Rights Issue; Bags ₹ 180 million Order from Bajaj Energy

Chennai (Tamil Nadu) [India], May 20: SEPC Limited (formerly Shriram EPC Ltd), a leading EPC services provider, has announced a Rights Issue to raise up to ₹350 crore through the issuance of partly paid-up equity shares. The company’s Board of Directors approved the issue terms on May 13, 2025.

The Rights Issue comprises 349.80 crore partly paid-up equity shares at a face value of ₹10 each. The issue price is ₹10 per share, to be paid in two installments—₹5 on application and the remaining ₹5 on the first and final call. The…