Som Distilleries and Breweries Ltd board to consider rights issue terms on Dec 27, 2021

A meeting of the Board of Directors of Som Distilleries and Breweries Ltd is scheduled to be held on Monday, the 27th day of December, 2021 at the Corporate Office of the Company at 23, Zone II, M.P. Nagar, Bhopal, Madhya Pradesh - 462011 to consider and take note of valuation report of equity shares and accordingly to fix price for the proposed Rights Issue of the Company.

The board will consider and fix the Record Date for the proposed Rights Issue of the Company.

The board will also consider, approve and adopt the final objects, Letter of Offer, Abridged letter of offer, application form & rights entitlement letter in relation to the proposed Rights Issue of the Company and any other matters with the permission of the chair and majority of the directors present in the meeting.

Shares of Som Distilleries & Breweries Limited was last trading in BSE at Rs. 38.35 as compared to the previous close of Rs. 38.15. The total number of shares traded during the day was 13028 in over 270 trades.

The stock hit an intraday high of Rs. 39.70 and intraday low of 37.55. The net turnover during the day was Rs. 506270.00.

Source : Equity Bulls

Keywords

SomDistilleriesandBreweries INE480C01020 RightsIssue Terms RecordDate FundRaising