Family Care Hospitals Limited approves terms of rights issue

The Rights Issue Committee of the Board of directors of Family Care Hospitals Limited (Formally known as SCANDENT IMAGING LIMITED) at its meeting held on Wednesday, 28th December, 2022 has considered and approved the terms of the Rights Issue.

Rights Issue size: up to 4,07,67,000 fully paid-up Equity Shares having face value of Rs. 10/- each at an issue price of Rs. 12/- per Equity Share (including a premium of Rs. 2 per Equity Share) aggregating up to Rs. 48,92,04,000/- (Rupees Forty Eight Crore Ninety Two Lakhs and Four Thousand only).

Rights Issue Price: Rs. 12 per Equity Share (including a premium of Rs. 2 per Equity Share).

Record Date: Tuesday, January 3, 2023

Outstanding Equity Shares:

Prior to the Rights Issue: 32100000
Post Rights Issue: 72867000 (Assuming full subscription)

Other terms of the Rights Issue (including fractional and zero entitlements): To be included in the Letter of Offer to be filed by the Company.

Rights Entitlement Ratio: 127 Equity Shares for every 100 Equity Shares held by the Eligible Equity Shareholders of the Company, as on the record date).

Shares of Scandent Imaging Limited was last trading in BSE at Rs. 14.53 as compared to the previous close of Rs. 13.82. The total number of shares traded during the day was 311557 in over 1049 trades.

The stock hit an intraday high of Rs. 14.93 and intraday low of 14.10. The net turnover during the day was Rs. 4497000.00.

Source : Equity Bulls

Keywords

ScandentImaging INE146N01016 HealthcareServices FamilyCareHospitals FundRaising RightsIssue