My Companies
Notification
Account
Board approved rights issue of fully paid-up equity shares up to Rs 31.5 Cr to eligible shareholders as on record date to be fixed; formed Rights Issue Committee. Rights issue under SEBI ICDR, subject to regulatory approvals; price, entitlement ratio, timing and payment terms to be decided by committee; intermediaries to be appointed. Issue price, ratio, record date, timetable and use of proceeds not disclosed; dilution quantum to depend on price; no financial results in this outcome.
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