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EIH LTD. - Announcement under Regulation 30 (LODR)-Allotment
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20 Oct 2020
Dear Sir / Madam&lt;BR&gt; This is further to the meeting of the Board of Directors of the Company held on Monday,&lt;BR&gt; September 7, 2020 and the meeting of the Rights Issue Committee of the Company held on ,&lt;BR&gt; approving the offer and issue of equity shares of the Company (&apos;Rights Equity Shares&apos;) by&lt;BR&gt; way of a rights issue to eligible shareholders of the Company as on the record date for an amount&lt;BR&gt; not exceeding ? 350 crore in accordance with the Securities and Exchange Board of India (Issue&lt;BR&gt; of Capital and Disclosure Requirements) Regulations, 2018, as amended and other applicable&lt;BR&gt; laws. (&quot;Rights Issue&quot;), as well as various terms of the Rights Issue.&lt;BR&gt; In relation to the aforesaid Rights Issue and pursuant to the finalisation of the basis of allotment&lt;BR&gt; of the Rights Issue in consultation with the designated stock exchange, BSE Limited, the&lt;BR&gt; Committee, at its meeting held today, i.e., 20th October 2020, inter alia, considered and approved&lt;BR&gt; the allotment of 53,794,768 Rights Equity Shares
View all announcements for EIH LTD. Source: BSE India