Corporate Action28 Dec 2023, 04:31 am
La Tim Metal & Industries Ltd to Raise Up to ₹3753.36 Lakhs through Rights Issue
AI Summary
The Board of Directors of La Tim Metal & Industries Ltd has approved the issue of partly paid-up equity shares of face value of ₹1 each through a rights issue to eligible equity shareholders for an amount not exceeding ₹3753.36 lakhs. The rights issue price has been set at ₹8.50 per share, and the record date for determining eligible equity shareholders has been fixed as January 2, 2024. The rights issue period will run from January 10, 2024, to January 29, 2024.,
Key Highlights
- Rights issue of partly paid-up equity shares
- Amount not exceeding ₹3753.36 lakhs
- Rights issue price of ₹8.50 per share
- Record date of January 2, 2024
- Rights issue period from January 10, 2024, to January 29, 2024.