Vintage Coffee and Beverages Ltd fixes June 19, 2023 as record date for 1:2 rights issue

The Right Issue Committee of Vintage Coffee and Beverages Ltd in its meeting held today, i.e., Tuesday, June 13, 2023, has fixed the record date for the purpose of determining the shareholders who will be eligible to apply for the Rights Equity Shares as Monday, June 19, 2023.

The Rights Issue of fully paid-up Equity Shares of face value of Rs. 10/- each ("Rights Equity Shares") will be issued at a price of Rs. 12 per share in the ratio of 1 (One) Equity Share for every 2 (Two) Equity shares held by the Shareholders as on record date aggregating to Rs. 4,188.14 Lakhs.

Rights Issue Schedule:

Rights Issue Opening Date: July 03, 2023
*Last Date of Market Renunciations: July 05, 2023.
Rights Issue Closing Date: July 10, 2023.

The full amount of Rs. 12.00 per Equity Share is payable on application.

Shares of Vintage Coffee and Beverages Ltd was last trading in BSE at Rs. 23.27 as compared to the previous close of Rs. 23.89. The total number of shares traded during the day was 62243 in over 306 trades.

The stock hit an intraday high of Rs. 24.45 and intraday low of 22.70. The net turnover during the day was Rs. 1461521.00.

Source : Equity Bulls

Keywords

VintageCoffeeandBeverages INE498Q01014 FundRaising RightsIssue 1For2 RecordDate