Ashnoor Textile Mills Ltd's rights issue to open on May 7, 2024

The rights issue of Ashnoor Textile Mills Ltd is set to open for subscription on May 7, 2024.

Rights Issue Shares: 31,86,462 (Thirty-One Lakhs Eighty Six Thousand Four Hundred and Sixty Two) Equity Shares of the face value of Rs. 10/- each.

Rights Issue Price: Rs. 20/- (Rupees Twenty Only) per Rights Equity Share (including premium of Rs. 10/- each) payable on application.

Rights Issue Size: Rs. 6,37,29,240 (Rupees Six Crores Thirty-Seven Lakhs Twenty-Nine Thousand Two Hundred and Forty Only).

Rights Entitlement Ratio: 1 (One) Rights Equity Share for every 4 (Four) Equity Shares held by eligible shareholders as on the Record Date.

Issue Opening Date: Tuesday, May 07, 2024

Last date for on Market Renunciation: Monday, May 13, 2024

Issue Closing Date: Thursday, May 16, 2024

Record Date: for the purpose of determining shareholders eligible to apply for the equity shares in the Rights Issue as Friday, April 26, 2024¢Record Date).

Shares of ASHNOOR TEXTILE MILLS LTD. was last trading in BSE at Rs. 63.10 as compared to the previous close of Rs. 66.42. The total number of shares traded during the day was 2833 in over 52 trades.

The stock hit an intraday high of Rs. 63.10 and intraday low of 63.10. The net turnover during the day was Rs. 178762.00.

Source : Equity Bulls

Keywords

ASHNOORTEXTILEMILLS INE372I01018 FundRaising RightsIssue Subscription 1For4 RecordDate