Gyscoal Alloys Ltd fixes Dec 23, 2022 as record date for rights issue

The Rights Issue Committee Meeting of board of directors of Gyscoal Alloys Ltd held on December 19, 2022 have, considered and approved the Record Date to be considered as Friday, December 23, 2022 to determine the eligible shareholders for the proposed rights issue.

Terms of the Issue:

Issue Size: 17,88,51,382 Fully paid-up Equity Shares of Rs. 2.75 each at Rs.1 per share aggregating to Rs. 491841303.25

Issue Price: Rs. 2.75 per Equity Share

Ratio: 110 Equity Shares for Every 100 Equity Shares held

Issue Opening Date - Monday, January 02, 2023

On-Market Renunciation Date - Monday, January 09, 2022

Issue Closing Date - Thursday, January 12, 2022

Shares of Gyscoal Alloys Limited was last trading in BSE at Rs. 3.56 as compared to the previous close of Rs. 3.52. The total number of shares traded during the day was 440904 in over 336 trades.

The stock hit an intraday high of Rs. 3.75 and intraday low of 3.45. The net turnover during the day was Rs. 1570605.00.

Source : Equity Bulls

Keywords

GyscoalAlloys INE482J01021 RightsIssue FundRaising RecordDate