Rights issue announced
As filed · Record Date
CapitalImprovingNotablemateriality 72 out of 100
What happened
FactIn this regard, the Rights Issue Committee of the Board at its meeting held today. to whom the Second and Final Call notice for the payment of ₹ 450.00 per Rights Equity. Share (comprising ₹ 0.25 towards face value and ₹ 449.75 towards premium) i.e., 25%.
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; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%