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Thangamayil Jewellery Limited allots 36,42,857 equity shares on rights basis

Posted On: 2025-03-07 23:19:37 (Time Zone: IST)


The Rights Issue Committee("the Committee") of Thangamayil Jewellery Limited at its meeting held today i.e. on March 07, 2025, considered and approved the allotment of 36,42,857 fully paid-up Equity Shares at an issue price of ? 1,400 per Rights Equity Share (including a premium of ? 1,390 per Rights Equity Share) to eligible equity shareholders or applicants including renouncees as the case may be pursuant to the Rights Issue. Accordingly, the paid-up equity share capital of the Company has increased from ? 27,43,91,640 to ? 31,08,20,210 by addition of 36,42,857 equity shares.

The said fully paid-up Equity Shares allotted to eligible equity shareholders or applicants (renouncees) as the case may be, shall rank pari-passu in all respect with the existing fully paid-up Equity Shares of the Company.

Shares of Thangamayil Jewellery Limited was last trading in BSE at Rs. 1725.95 as compared to the previous close of Rs. 1683.40. The total number of shares traded during the day was 7158 in over 1446 trades.

The stock hit an intraday high of Rs. 1756.15 and intraday low of 1693.20. The net turnover during the day was Rs. 12330091.00.


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