Mercury Trade Links Limited is launching a Rights Issue worth Rs 48.95 crore, available for subscription from 7 November 2024 to 5 December 2024. Shareholders will be entitled to 4 Rights equity shares for every 1 fully paid-up equity share they own as of the record date, 24 October 2024. Each share has a face value of Rs. 10, and the issue price is set at Rs. 44.95 per share.
Stay tuned with us for comprehensive details on the Mercury Trade Links Ltd 2024 Rights Issue, including the issue size, entitlement, payment terms, and more.
Corporate Action | Details |
---|---|
Security Name | Mercury Trade Links Limited |
Issue Open/Close | November 7, 2024 - December 5, 2024 |
Record Date | October 24, 2024 |
Issue Size (Amount) | ₹48.95 Crores |
Issue Size (Shares) | 10,890,000 |
Right Issue Price | ₹44.95 per share |
Face Value | ₹10 per share |
CMP | ₹59 |
Renunciation of Rights Entitlements | November 29, 2024 |
Terms of Payment | The Issue Price of Rs. 44.95/- per Equity Share shall be payable at the time of application |
Entitlement | 4 Rights Equity Shares for every 1 fully paid-up Equity Shares held on Record Date |
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