The company is closing its book on January 31 for its right issue. the company is issuing 25 percent right shares of its paid-up capital of Rs 2.01 billion. Accordingly, it is issuing 5,030,901.55 units of right shares worth Rs 503 million at a ratio of 4:1.
Given that January 29 and 30 are public holidays, the shareholders registered in its book till January 28 will be eligible to apply for the right shares.