Entries Tagged 'Rights Issue' ↓

Lime Chemicals Rights issue is to be considered by the board members in their upcoming meeting which is to be held on December. 26, 2007. Lime Chemicals is a small chemical manufacturing company with sales of Rs 13 crore,the company has reported Rs 5 crore as losses for the last quarter. Lime Chemicals Rights issue price and record date would be decided later after the board meeting. Stock prices of Lime Chemicals Limited closed at Rs. 17.2 on the BSE. More information regarding the Lime Chemicals Rights issue will be updated after the board meeting.

Century Extrusions Rights issue has been approved by the board members today and in the statement issued today says “The Rights Equity Issue will be be for 3 cr 30 lakh equity equity shares of face value of Re 1/- each at a price of Rs 4/- per equity share (including a premium of Rs 3 per equity share) in the ratio of 33:47 (33 new shares for every 47 shares held). Century Extrusions Rights issue record date is not yet fixed and will be announced later.

Gangotri Iron & Steel Company Rights issue has been approved, the board of directors at their meeting held on 13th December, 2007, decided to raise more funds by issue of equity shares on rights basis for an amount of Rs 150 million. EGM of share holders will be held on January 11, 2008 to take the aproval of the share holders. Gangotri Iron Rights issue date, offer details and premium will be decided soon.

Entegra Rights issue news made the stock to hit upper circuit of 5 percent , in the morning trade the stock has touched 52 week high of Rs. 69.70 locked at upper circuit and cooled off now to trade at Rs. 68.50. The Board meeting of Entegra limited will be held on 19th , December 2007 to consider the Right issue and take on the financial results of the company. More information regarding the Entegra Rights issue will be known after the board meeting, do check back for more updates on Entegra Rights issue.

UB Engineering Rights issue Record date has been fixed by the company, in an annoucement made to the stock exchanges, the company has informed that the board has fixed 26th December, 2007 as the record date for the Rights issue. It is known that the company has previously announced Rights in the ratio fo 5:13 ( 5 new rights share for every 13 equity shares held) at an issue price of Rs. 126 per share. UB Engineering Rights issue closes on 26th and the currently the stock price is trading at Rs. 156.45.

Sanguine Media Rights issue has been approved by the board members, the company in an annoucement made to the stock exchanges has informed that in the board meeting of the company held on 10th December, 2007 the members have approved the Rights issue to raise an estimated Rs 30 crore. Sanguine Media Shares flared up 7 per cent to close at Rs. 32.30 on the BSE. Sanguine Media Rights issue price is not yet annouced by the company, do visit us for more updates on Rights issue Record date in Sanguine Media Limited.

Nandan Exim Limited Rights issue Record date has been fixed. In an annoucement made to the stock exchanges, the company has informed that the board has fixed the Record date for the rights issue as 19th December, 2007. It is previously known that the ratio for the rights issue is fixed as 1:2. Investors who would like to purchase the rights shares will get 1 new rights share for every 2 shares held by them in the company.