UB Engineering Rights Issue Record Date

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.