Entries Tagged 'Rights Issue' ↓

Sadhan Nitrochem Rights issue will be considered by the Board members in their upcoming meeting on 07 December, 2007 to increase the authorised share capital of the company and further to consider the issue of shares through rights offer.

Stock Price of Sadhan Nitro Chem Limited closed today at Rs.58.20 up 2.11 per cent on the BSE.

Khaitan Weaving Mills Rights issue has been approved by the board at their meeting held yesterday and the members have fixed the Record date for the rights issue as 14th December, 2007. In an annoucment made to the stock exchanges previously the company has informed that the Right issue ratio is 6:1 ( 6 rights shares for every one equity share held by the share holders) and the Rights issue will open on 28th Dec, 2007 and will close on 28th Jan, 2008. 44,10,000 Equity shares of Rs 10/- each for cash at par will be issued under the issue.

Stock Prices of Khaitan Weaving Mills closed at Rs. 293.44 up 4.99% on the BSE.

Godrej Consumer Products Limited Rights issue will be considered by the board in their upcoming meeting. In an announcement made by the company to the stock exchanges, the company has informed that the Board members will consider the rights issue on November 23, 2007.

Further information regarding the Godrej Consumer rights issue price, ratio and the issue date will be decided later by the board members.

Based on the Godrej Rights issue news today, stock price closed up at Rs. 129.30 up 5.94% on the National Stock Exchange.

Horizon Battery Technologies in an annoucement made to the National Stock Exchange has informed that the Board has approved the Rights Issue.

Horizon Battery Technologies will raise funds up to Rs 60 crore by way issue of further equity shares in the form of Rights issue with or without warrant.

The Ratio and other details of the Rights issue of Horizon Battery Technologies is not yet announced by the company.

The board members of Maral Overseas Limited in their board meeting has approved the Rights issue.

Maral Overseas will issue the equity shares of the Rights Issue through the Book Building Route. The Rights issue price band is Rs 18 to Rs 21 and the Rights issue ratio is 1:2.

The company’s share holders will get 1 share under the rights issue for every 2 equity shares held by them as on the Record date of the Rights issue.

Maral Overseas Rights Issue Record date has been not yet fixed by the Board members.

Federal Bank Ltd have in the Board Meeting held on October 26th 2007 have approved and announced the Finacial Results of the bank for the quarter ended September 30,2007 as well as the Board has approved the Rights Issue to the share holders of the company.

Federal Bank Board Committee has decided that the price for the Rights Issue is Rs. 250 per equity share including a premium of Rs. 240 per equity share on the face value of Rs 10 each equity shares.

Federal Bank Rights issue Ratio and the Record date of the issue is not yet announced, the counter was trading firm on the markets with high volumes.

Shares of the Federal Bank closed at Rs. 388.50 up 1.33% on the BSE as on Friday 26-10-2007.

Indian Hotels which has previously announced that its considering an rights isse has today informed the exchanges that the Board meeting will be held on September 27 2007 to finalise the rights issue.
    
At 1.55 pm Indian Hotels Company is quoting at Rs 137.65, up Rs 6.70, or 5.12%. It has touched an intraday high of Rs 139.50 and an intraday low of Rs 132.10.

It is trading with volumes of 2,582,405 shares on the NSE. On Friday the share closed up 1.95% or Rs 2.50 at Rs 130.95.