Aastamangalam Finance Ltd is launching a Rights Issue worth Rs 30.29 crore, available for subscription from 27 December 2024 to 3 January 2025. Shareholders will be entitled to 8 Rights equity shares for every 10 fully paid-up equity shares they own as of the record date, 13 December 2024. Each share has a face value of Rs. 10, and the issue price is set at Rs. 42.5 per share.
Stay tuned with us for comprehensive details on the Aastamangalam Finance Ltd 2024 Rights Issue, including the issue size, entitlement, payment terms, and more.
Security Name | Aastamangalam Finance Ltd |
Issue Open / Close | December 27, 2024 – January 3, 2025 |
Record Date | December 13, 2024 |
Issue Size (Amount) | ₹30.29 Crores |
Issue Size (Shares) | 71,27,800 |
Right Issue Price | ₹42.5 per share |
Face Value | ₹10 per share |
CMP | ₹49 |
Renunciation of Rights Entitlements | December 31, 2024 |
Terms of Payment | The full amount payable at the time of application |
Entitlement | 08 Rights Equity Shares for every 10 fully paid-up Equity Shares held on Record Date |
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