Rights Issue26 May 2026, 11:21 pm
KRN Heat Exchanger Sets Issue Floor Price at ₹1,114.05
AI Summary
KRN Heat Exchanger And Refrigeration Ltd's Fund-Raising Committee (FRC) approved the opening of an issue with a floor price of ₹1,114.05 per equity share, as per SEBI ICDR Regulations. The 'Relevant Date' for price determination is May 26, 2026. The company may offer a discount of up to 5% on the floor price. The preliminary placement document dated May 26, 2026, will be filed. The trading window for designated persons is closed from May 26, 2026, until 48 hours after issue price determination.
Key Highlights
- FRC approves opening of issue on May 26, 2026.
- Floor price set at ₹1,114.05 per equity share.
- Company may offer up to 5% discount on floor price.
- 'Relevant Date' for floor price determination is May 26, 2026.
- Trading window closed for designated persons until issue price is determined.
Price Impact
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