The company is closing its book on July 18 for the issue, thus, the shareholders registered in its book till July 17 will be eligible to apply for the right shares.
The company is issuing 2,679,075 units of right shares worth Rs 267.9 million to its existing shareholders at a ratio of 1:1.
Currently, the company has a paid-up capital of Rs 267.9 million that will reach Rs 535,8 million after the right issue.
The company has appointed NIBL Ace Capital as its issue manager.
