IIFL Financial Ltd is offering a Right Issue valued at Rs 1,271.83 Crores. The subscription for this Right Issue will be open from April 30, 2024, to May 14, 2024. For every fully paid-up equity share held on the record date of March 23, 2024, shareholders are entitled to ₹1 Rights equity shares. The face value of each share is Rs. 2, with the Right Issue price set at Rs. 300 per share.
Corporate Action | |
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Security Name | IIFL Finance Ltd |
Issue Open/Close | April 30, 2024 - May 14, 2024 |
Record Date | April 23, 2024 |
Issue Size (Amount) | ₹1,271.83 Crores |
Issue Size (Shares) | ₹42,394,270 |
Right Issue Price | ₹300 per share |
Face Value | ₹2 Per Shares |
CMP | ₹413.00 |
Renunciation of Rights Entitlements | May 8, 2024 |
Terms of Payment | Rights Issue Price: Rs.300 per fully paid-up Equity Share (including a premium of Rs.298 per Equity Share) on application |
Entitlement | ₹1 Rights Equity Shares for every 9 fully paid-up Equity Shares held on Record Date |
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