Nandan Exim Rights Issue Record date fixed

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.

Get BseNsedaily.com News to your E-mail :




1 comment so far ↓

#1 Vaibhav on 12.06.07 at 9:53 am

Can someone explain this in layman terms? I have 700 shares of Nandan.

Leave a Comment