RS Software Board to consider allotment of shares on rights basis

RS Software India Ltd has announced that a meeting of the Board of Director of the Company will be held on December 11, 2006 for allotment of equity shares arising out of the Issue of 24,59,000 Equity shares of Rs 10 each at a premium of Rs 55/- per equity share (issue Price Rs 65/-) aggregating Rs 1598.35 lacs to the equity shareholders of the Company on Rights basis in the ratio of One equity share for every Two Equity shares for the Rights Issue.

Source : Equity Bulls

Keywords