Maral Overseas Rights Issue

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.