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    Aastamangalam Finance Ltd Right Issue 2024

Aastamangalam Finance Ltd Right Issue 2024

Aastamangalam Finance Ltd Right Issue 2024
  • Published Date: January 15, 2025
  • Updated Date: January 29, 2025
  • By Team Choice

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.

Aastamangalam Finance Ltd Right Issue Detail 2024

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

Disclaimer: The Information compiled by CEBPL on a best efforts basis from information CEBPL received from third party vendors, believed to be reliable. The information may contain errors or omissions; and is subject to change without prior or additional notice. CEBPL provides corporate action information that may be of interest or relevance to CEBPL clients. This does not constitute a recommendation or advice by CEBPL, and CEBPL Clients may not rely upon it. CEBPL does not warrant that the information provided is accurate, timely, or complete. CEBPL Clients are urged to verify the information prior to using it in their investing and trading decisions, including, but not limited to, referral to independent financial news resources, company announcements, and regulatory filings or disclosures. "Investment in securities market are subject to market risks, read all the related documents carefully before investing". Registration granted by SEBI and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of retums to investors. Name of Compliance Officer-Prashant Salian Email Id-Prashant.salian@choiceindia.com Contact no. 022-67079999-Ext-2310. Name of Grievance Officer-Deepika Singhvi-Email Id-ig@choiceindia.com, Contact no. 022-67079999-Ext-834. www.choiceindia.com

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