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  3. Onelife Capital Advisors Extends Rights Issue Closing Date to March 16, 2026
ipo services in India
India IPO
  • 02 Mar 2026
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 Onelife Capital Advisors Extends Rights Issue Closing Date to March 16, 2026

Onelife Capital Advisors Limited's Right Issue Committee has approved the extension of the ongoing rights issue closing date from March 06, 2026, to March 16, 2026, while also revising the last date for on-market renunciation to March 10, 2026. The decision aims to provide eligible equity shareholders with additional time to participate in the offering, with no changes to the terms and conditions of the Letter of Offer.

Onelife Capital Advisors Extends Rights Issue Closing Date to March 16, 2026

Onelife Capital Advisors Limited has extended the closing date of its ongoing rights issue following a decision by the Right Issue Committee of the Board of Directors during its meeting held on March 02, 2026. The committee approved the extension to provide eligible shareholders with additional time to participate in the offering. Rights Issue Timeline Extension The rights issue, which commenced on Monday, February 23, 2026, was originally scheduled to close on Friday, March 06, 2026. Following the committee's decision, the closing date has been extended to Monday, March 16, 2026. This extension aims to provide a further window of opportunity for eligible equity shareholders to submit their applications. Additionally, the last date for on-market renunciation has been revised from Monday, March 02, 2026, to Tuesday, March 10, 2026, giving shareholders more flexibility in their investment decisions. Revised Schedule Details The company has provided a comprehensive timeline showing both the original and revised dates for key events: Event: Old Timeline Revised Timeline Issue Opening Date: Monday, February 23, 2026 Monday, February 23, 2026 Last Date for On Market Renunciation: Monday, March 02, 2026 Tuesday, March 10, 2026 Last Date for receiving requests for Application Form and Rights Entitlement Letter: Monday, March 02, 2026 Tuesday, March 10, 2026 Issue Closing Date: Friday, March 06, 2026 Monday, March 16, 2026 Terms and Conditions Unchanged The company has clarified that there are no changes to the terms and conditions of the Letter of Offer (LOF), Abridged Letter of Offer (ALOF), or Application Form. The only modifications relate to the issue closing date and the consequent revision to the indicative timeline of post-issue activities. Document Availability and Compliance An addendum to the LOF containing the revised closing date and timeline will be made available on multiple platforms for stakeholder access. These documents can be found on the company's website at www.onelifecapital.in , the registrar's website at www.kfintech.com , and the stock exchange websites at www.bseindia.com and www.nseindia.com . The Right Issue Committee meeting commenced at 1:45 PM and concluded at 2:15 PM on March 02, 2026. The company has communicated this development to both BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Onelife Capital Advisors Limited's Rights Issue Committee has formally approved a significant ₹36 crore capital raising initiative through a rights issue of equity shares. The committee meeting, originally scheduled for February 9, 2026, was rescheduled and held on February 10, 2026, at 3:00 PM, concluding at 3:45 PM, as disclosed under Regulations 30 and 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Rights Issue Structure and Pricing The committee approved the issuance of 2,40,00,000 fully paid-up equity shares with a face value of ₹10 each. The rights issue has been strategically priced at ₹15 per share, including a premium of ₹5 per share. Parameter Details Total Rights Equity Shares 2,40,00,000 shares Issue Size ₹36,00,00,000 (assuming full subscription) Rights Issue Price ₹15 per share Face Value ₹10 per share Premium ₹5 per share Payment Terms Full amount payable on application Rights Entitlement ISIN INE912L20015 Timeline and Key Dates The committee has established a comprehensive timeline for the rights issue process, with the record date set for February 16, 2026, to determine eligible equity shareholders entitled to participate in the rights issue. Event Date Record Date February 16, 2026 Rights Issue Opening February 23, 2026 Last Date - On-Market Renunciation March 2, 2026 Last Date - Off-Market Renunciation March 5, 2026 Rights Issue Closing March 6, 2026 Entitlement Ratio and Share Structure Eligible equity shareholders will receive 300 rights equity shares for every 167 existing equity shares held as of the record date. This entitlement structure provides substantial participation opportunities for existing shareholders. Share Structure Current Post-Issue (Full Subscription) Outstanding Equity Shares 1,33,60,000 shares 3,73,60,000 shares Face Value per Share ₹10 ₹10 Regulatory Compliance and Documentation The committee has adopted the Letter of Offer to be filed with BSE Limited, National Stock Exchange of India Limited, and the Securities and Exchange Board of India. The documentation will be dispatched to eligible equity shareholders as of the record date in due course. The board retains the right to extend the issue period as determined from time to time, but not exceeding 30 days from the issue opening date. No withdrawal of applications will be permitted after the issue closing date. Strategic Capital Initiative This rights issue represents a significant milestone in the company's capital raising strategy, following previous communications dated December 10, 2025, December 12, 2025, January 27, 2026, and February 9, 2026. The Board of Directors has approved the proposal to raise funds of up to ₹36.00 crore through this rights issue of equity shares, demonstrating a well-planned approach to strengthening the company's financial position. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.

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