stock market opens on Thursday (December 7). Asit C Mehta Financial Services Ltd: The Board of Directors of Asit C Mehta Financial Services at a meeting held on December 1 approved the Rights Issue. Also Read: SAIL, ZEEL, Delta Corp, 2 other shares placed under F&O ban list for today In an exchange filing, the company said: “Fixed record date for the purpose of determining the shareholders who will be eligible to apply for the issue as Thursday, December 7, 2023 (Record Date)." Also Read: FPI equity assets at 22-month high, overcoming October setback The board has decided and fixed ₹4,987.60 lakh as the Right Issue size, said the company.
It has declared Right Shares 32,93,452 fully paid up equity shares of ₹151.44 each, and Right Issue price ₹151.44 per equity share (including a premium of ₹141.44 per equity share). Also Read: Govt to raise ₹1,200 crore by selling 8% stake in IRCON via OFS “The date of listing of right issue equity shares would be on or about January 03, 2024," said Asit C Mehta Financial Services. The company has proposed Rights Issue opening date on December 15 and the closing date on December 22, 2023.
According to the exchange filing, the Right entitlement ratio is 133 new equity shares for every 200 existing equity shares held by the eligible shareholders as on the record date. Dhyaani Tile and Marblez Ltd: The Board of Directors of Dhyaani Tile and Marblez has declared a Bonus Issue in the ratio of 9:5. It means 9 equity shares of ₹10 each for every 5 existing equity share of ₹10 each.
Read more on livemint.com