Statement of deviation(s) or variation(s) under Reg. 32
CapitalWatchNotablemateriality 64 out of 100
What happened
FactStatement of deviation(s) or variation(s) under Reg. Utilization of the proceeds of the Rights Issue of the Company for the year ended March 31.
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; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%