Bhandari Hosiery Exports LimitedBHANDARINSE
Rights issue announced
As filed · Updates
CapitalWatchNotablemateriality 69 out of 100
What happened
FactIn-Principle approval for the Rights Issue - In-principle approval has been received from National. Schedule of the Rights Issue after interacting with the RTA of the Company M/s MUFG Intime India. Rights Issue Committee will also approve the contents of the Letter of Offer, Composite Application.
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%