Sawaca Business Machines Ltd Right Issue 2024

Sawaca Business Machines Limited established in 1994 and based in Ahmedabad, is involved in exporting and trading machinery as well as local trading of metal scrap and cotton bales.

In metal trading, the company deals with various metals like iron, steel, aluminium, copper, and other base metals. Additionally, Sawaca Business Machines Limited trades in perfumery chemicals, metal scraps, and cotton bales. They offer aromatic chemicals such as geraniol, arsinon, D-limonene, and musk 101, along with essential oils like orange oil, patchouli oil, and various industrial perfumery compounds.

Sawaca Business Limited is offering a Right Issue valued at Rs 45.76 Crores. The subscription for this Right Issue will be open from April 02, 2024, to April 12, 2024. For every fully paid-up equity share held on the record date of March 07, 2024, shareholders are entitled to 4 Rights equity shares. The face value of each share is Rs. 1, with the Right Issue price set at Rs. 1 per share.

Sawaca Business Machines Ltd Right Issue Details

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