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NOTICES |
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Notice No. |
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20240401-7 |
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Notice Date |
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01 Apr 2024 |
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Category |
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Corporate Actions |
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Segment |
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Equity |
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Subject |
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Rights issue of Equity Shares of SAVANI FINANCIALS LTD. |
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Content |
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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
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COMPANY NAME
& CODE
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RECORD DATE
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PURPOSE
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Ex-Right basis from Date & Sett. No.
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SAVANI FINANCIALS LTD.. (511577)
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04/04/2024
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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.*
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04/04/2024
DR-605/2024-2025
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*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 |
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