Orient Tradelink Ltd fixes May 3, 2024 as record date for rights issue

The Rights Issue Committee of the Board of Directors of Orient Tradelink Limited has approved the terms and conditions of the forthcoming rights issue.

Record Date - Friday, May 03rd, 2024 for the purpose of determining the shareholders entitled for Rights Issue ("Eligible Equity Shareholders")

Rights Issue Opening Date - Monday, 13th May 2024
Last Date for on Market Renunciation of Rights Entitlement* - Tuesday, 21st May 2024
Right Issue Closing Date** - Friday, 24th May 2024

Total number of Equity Shares and Rights Issue size: 1,22,65,000 Equity Shares of INR 10/- each aggregation upto INR 1226.50/- Lakhs

Rights Issue Price: INR 10/- per share

Rights entitlement ratio - One (1) rights equity share(s) for every One (1) fully paidup Equity Share held by the eligible shareholders as on the Record Date.

Shares of ORIENT TRADELINK LTD. was last trading in BSE at Rs. 9.42 as compared to the previous close of Rs. 9.15. The total number of shares traded during the day was 117610 in over 527 trades.

The stock hit an intraday high of Rs. 9.59 and intraday low of 9.21. The net turnover during the day was Rs. 1106644.00.

Source : Equity Bulls

Keywords

ORIENTTRADELINK INE681D01039 FundRaising RightsIssue RecordDate 1For1