Rights Issue
CapitalWatchNotablemateriality 69 out of 100
What happened
FactTen Only) each for an aggregate amount not exceeding Rs.3,000 Lakhs (Rupees Three. Constitution of the Rights Issue Committee, consisting of Mr. Gaddam Venkata Ramana. the proposed Rights Issue.
Why it matters
CapitSignal interpretationExisting holders can maintain their stake only by putting in more money; those who do not subscribe are diluted.
Watch next
Fact- Rights ratio and issue price
- Record date and subscription window
- Promoter intention to subscribe
Evidence
How CapitSignal classified this
- Reasoning:
- RIGHTS_ISSUE base 64; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%