Anjani Portland Cement Ltd fixes Dec 16, 2022 as record date for 1:2 rights issue

The Rights Issue Committee of the Board of directors of Anjani Portland Cement Limited, has, at its meeting held today, i.e. December 8, 2022, fixed Friday, i.e. December 16, 2022 as the Record Date for the purpose of determining the equity shareholders who are entitled to receive the Rights Entitlements Rights Issue of the Company.

Rights Issue size: 1,26,42,848 equity shares of face value of ₹ 10/- each, for an aggregate amount not exceeding ₹ 25,000 lakhs.

Rights Issue price: The Rights Issue price is determined at ₹ 197/- (including a share premium of ₹ 187/-).

Rights Entitlement ratio: One (1) Rights Equity Share for every two (2) fully paid-up Equity Shares held by the eligible equity shareholders as on the Record Date, i.e. December 16, 2022.

Rights Issue Schedule:

Last date for credit of rights entitlements - Monday, December 26, 2022
Issue opening date - Friday, December 30, 2022
Last date for on market renunciation - Friday, January 13, 2023
Issue closing date - Thursday, January 19, 2023
Finalisation of basis of allotment (on or about) - Tuesday, January 24, 2023
Date of allotment (on or about) - Wednesday, January 25, 2023
Date of credit (on or about) - Friday, January 27, 2023
Date of listing (on or about) - Wednesday, February 1, 2023

Shares of Anjani Portland Cement Limited was last trading in BSE at Rs. 252.85 as compared to the previous close of Rs. 252.45. The total number of shares traded during the day was 3575 in over 324 trades.

The stock hit an intraday high of Rs. 257.00 and intraday low of 246.40. The net turnover during the day was Rs. 907226.00.

Source : Equity Bulls

Keywords

AnjaniPortlandCement INE071F01012 APCL RightsIssue FundRaising RecordDate 1For2