Borax Morarji Rights Issue

Borax Morarji Rights issue has been announced by the board to the market in their board meeting held on 31st July 2009. The company has considered to go up with rights issue which are as follows.

Issue of Rights Equity Shares in the ratio of 1 (one) Equity Share of Rs 10/- at a premium of Rs 10/- per share for every existing share held as on record date together with 1 (one) Detachable Warrant for every 2 (two) Right Shares allotted which will entitle the holder of the Detachable Warrant, upon conversion, 1 (one) Equity Shares of Rs 10/- at a premium of Rs 10/- per share.

Borax Moraji Rights Issue record date has not been fixed and announced by the company yet. Do visit our site back again to check on Borax Morjaji Rights Issue Record date details.

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