Right Issue - Historical
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Security TypeEquity
Issue Period14 Mar 2023 to 12 Apr 2023
Issue Size – No.of Shares1,46,67,000
Face Value10.00
Price (Inclusive of Premium)19.00
(Rs.4.75/- per Right Equity Share payable on application)
Market Lot1
Letter of offer Click Here
Application FormClick Here
Abridged letterClick Here
NotesIssue of up to 1,46,67,000 Partly Paid-up Equity Shares of Face Value of Rs. 10/- each (Rights Equity Shares) of the Company for cash at a price of Rs. 19/- per Rights Equity Share, aggregating up to Rs. 27,86,73,000 on a rights basis to the eligible equity shareholders of the company in the ratio of 3 Rights Equity Shares for every 1 Equity Shares held by the eligible equity shareholders on the record date, that is, February 28, 2023 to be paid to the extent of 25% of the Issue price i.e. Rs 4.75/- along with the application and the balance amount will be payable by the Rights Equity Shareholders on one or more subsequent calls of Rs. 14.25 /- each per Rights Equity Share, pursuant to the Payment Schedule after payment of the Application Money.