Goa Carbon Limited board approves rights issue draft offer letter

At the meeting of the Board of Directors of Goa Carbon Limited held on September 29, 2022, the board approved raising of funds, through issuance and allotment of equity shares of face value Rs. 10 each ("Equity Shares") for an aggregate amount up to Rs. 20,000 Lakhs (Rupees Twenty Thousand Lakhs Only) on a rights basis ("Rights Issue").

In view of the above, the Rights Issue Committee of the Company has, at its meeting held today i.e. December 23, 2022, considered and approved the Draft letter of Offer dated December 23, 2022 to be filed with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited.

Shares of Goa Carbon Limited was last trading in BSE at Rs. 506.55 as compared to the previous close of Rs. 528.95. The total number of shares traded during the day was 10186 in over 1620 trades.

The stock hit an intraday high of Rs. 534.10 and intraday low of 499.40. The net turnover during the day was Rs. 5199983.00.

Source : Equity Bulls

Keywords

GoaCarbon INE426D01013 RightsIssue DraftOfferLetter FundRaising