Vardhman Polytex Limited fixes Aug 28, 2024 as record date for rights issue

The board of directors of Vardhman Polytex Limited at its meeting held today i.e., Thursday, 22d August, 2024 have, considered and approved the following matters related to Rights Issue of Equity shares of the company:

Issuance of 8,3O,59,434 Equity shares having face value of Re. 1/- each at a premium of Rs. 5/- per share.

Record Date: Wednesday, 28th August, 2024 for the purpose of determining the existing equity shareholders entitled to receive the rights entitlement in the Rights Issue.

Rights Entitlements Ratio: 7:23 (7 Rights Equity shares for every 23 existing equity shares held by eligible equity shareholders as on Record Date)

ISIN for Rights Entitlements (RE): INEB35A20011

Issue Opening Date: Thursday, 12th September, 2024

Last date for Market Renunciation: Tuesday, 24th September, 2024

Issue Closing Date: Friday, 27th September, 2024

Issue Price: Rs. 6/- per share, including a premium of Rs.5/- per share.

Source : Equity Bulls

Keywords

VardhmanPolytex FundRaising RightsIssue RecordDate 7For23