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NOTICES
Notice No.   20240401-7   Notice Date   01 Apr 2024
Category   Corporate Actions   Segment   Equity
Subject   Rights issue of Equity Shares of SAVANI FINANCIALS LTD.
 
Content

Trading Members of the Exchange are hereby informed that SAVANI FINANCIALS LTD has fixed Record Date for the purpose of Rights Issue of Equity Shares of the Company. 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.

SAVANI FINANCIALS LTD.. (511577)

04/04/2024

 

Issue of 07 (Seven) Equity Shares of Rs.10/- each for cash  at a Premium of Rs.7.50 per Share on Rights Basis for every 01 (One) Equity Share held.*

04/04/2024

DR-605/2024-2025

 

*Note : As per Terms of Payment - Issue Price of Rs.17.50 is to be paid as Rs.14/- per share on Application and Rs.3.50 per share on One or more subsequent Calls.

 

Trading in the Scrip is restricted on account of GSM.

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

 

Marian Dsouza

Senior Manager – Listing Operations (CRD)

1st April, 2024