Vipul Organics to Raise Rs 20.41 cr via Rights Issue
Vipul Organics announces plans to raise Rs 20.41 crore through a rights issue. The rights issue price is set at Rs 46 per share with a 1:3 ratio.
Illustration: Dominic Xavier/Rediff.com
New Delhi, Mar 5 (PTI) Specialty chemicals maker Vipul Organics on Wednesday announced plans to raise up to Rs 20.41 crore via rights issue.
Shares will be allotted in the ratio of 1:3. The rights issue price has been fixed at Rs 46 per share, according to a regulatory filing.
The record date for the rights issue has been fixed on March 10 and will open on March 21, it added.
Shares will be allotted in the ratio of 1:3. The rights issue price has been fixed at Rs 46 per share, according to a regulatory filing.
The record date for the rights issue has been fixed on March 10 and will open on March 21, it added.
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