Rushil Decor Ltd to raise Rs. 200 crores through rights issue

The Board of Directors of Rushil Decor Ltd at its meeting held on 6th August, 2022 considered and approved the raising of fund by issuance and allotment of equity shares up to an amount not exceeding Rs. 200 Crores (Rupees Two Hundred Crores Only) including premium, by way of issue of equity shares through rights issue in accordance with applicable laws.

The board also approved reconstitution of Fund-Raising Committee for finalising the terms of the proposed issues, from time to time, and to appoint necessary professionals, experts, merchant bankers, legal advisors, other intermediaries for fund raising.

Shares of Rushil Decor Limited was last trading in BSE at Rs. 463.45 as compared to the previous close of Rs. 462.60. The total number of shares traded during the day was 3085 in over 236 trades.

The stock hit an intraday high of Rs. 470.00 and intraday low of 448.40. The net turnover during the day was Rs. 1424053.00.

Source : Equity Bulls

Keywords

RushilDecor INE573K01017 FundRaising INR200Crores