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NOTICES
Notice No.   20220823-11   Notice Date   23 Aug 2022
Category   Corporate Actions   Segment   Equity
Subject   Rights issue of Equity Shares of Coastal Corporation Limited
 
Content

Trading Members of the Exchange are hereby informed that, Coastal Corporation Limited has fixed Record date for the purpose of Rights Issue of Equity Shares. The transactions in the equity shares of the Company should be done on ex-rights basis with effect from the under mentioned date:- 

DEMATERIALISED SECURITIES – ROLLING SETTLEMENT SEGMENT

COMPANY NAME 

& CODE

RECORD DATE

PURPOSE

Ex-Right basis from Date & Sett. No.

Coastal Corporation Limited

(501831)

26/08/2022

 

Issue of 1 (One) Equity Share of Rs. 10/- each for cash at a premium of Rs. 215/- per Equity Share on Rights basis for every 6 (Six) Equity Shares held.*

25/08/2022

DR-102/2022-2023

 

 *  An amount of Rs. 56.25 per Rights Equity Share (including a premium of Rs. 53.75 per Rights Equity Share) to be paid on Application and balance to be paid in two calls as determined by our Board at its sole discretion from time to time

 

Trading Members of the Exchange are requested to take note of it.

 

 

 

Marian Dsouza

Senior Manager – Listing Operations (CRD)

August 23, 2022