Board of Capri Global Capital finalizes terms of rights issue

Image
Capital Market
Last Updated : Feb 13 2023 | 12:31 PM IST

At meeting held on 13 February 2023

The Board of Capri Global Capital at its meeting held on 13 February 2023 has approved the following terms of rights issue:

Instrument - Fully paid up equity shares of face value Rs 2 each
Total number of equity shares and rights issue size - Up to 3,03,15,789 fully paid up equity shares each for amount aggregating up to Rs 1440 crore
Rights issue price - Rs 475 per fully paid up equity share (including premium of Rs 473 per share)
Record date - 17 February 2023 for determining the equity shareholders entitled to receive the rights entitlement in the rights issue

Rights issue opening date - 27 February 2023
Rights issue closing date - 10 March 2023

Rights entitlement ratio - 11:64 (11 equity shares for every 64 equity shared held by shareholders as on record date)

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Subscribe to Business Standard digital and get complimentary access to The New York Times

Quarterly Starter

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

Save 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 13 2023 | 12:09 PM IST

Next Story