The Record date for the purpose of determining the shareholders who shall be eligible to apply for the Rights Issue, would be Friday, November 29, 2024, as decided by the Right Issue Committee in its meeting held today, i.e., Monday, November 25, 2024.
Rights Equity Shares to be Issued - Fully paid up 44,21,053 Equity Shares of face value of Rs. 10/- each
Type of securities proposed to be Issued - Fully paid-up Equity Shares of face value of Rs. 10/- each ("Rights Equity Shares")
Type of Issuance - Rights Issue of fully paid-up Equity Shares
Issue Price - Rs. 112/- per Rights Equity Share
Issue Size - Rs. 4,951.58 Lakhs
Ratio - 7 (Seven) Equity Share for every 10 (Ten) Equity shares held by the public Shareholders as on record date.
Record Date - Friday, November 29, 2024, for the purpose of determining the equity shareholders entitled to receive the rights entitlement in the Rights Issue ("Public Shareholders").
Right Issue Period
Rights Issue Opening Date: December 12, 2024
*Last Date of Market Renunciations: December 18, 2024.
**Rights Issue Closing Date: December 24, 2024
Terms of Payment - Full amount of Rs. 112.00 per Equity Share is payable on application. |
