Sun Pharma Advanced Research Company Ltd informed the company that it is planning to to consider in principle, the issue of equity shares of Re. 1 each of the Company by way of rights issue for
raising the funds for the Company. Further the Company has informed that, as per the agenda of the Committee Meeting,however the Committee shall not decide at the said meeting about the ratio of rights share entitlements, the issue price and the record date for fixing the rights entitlement of shareholders & which shall be decided in due course and accordingly the exchanges shall be informed in due course.
Central Bank of India has informed the market that it has come out with rights issue for which they have come with the details of the same.
Central Bank Rights Issue Detail
1. Equity Shares proposed to offer by the Bank – 24,24,84,876 Equity Shares of Face Value of Rs 10.00 each. (in addition to the present, paid up capital of 40,41,41,460 equity shares which is considered for determining the number of shares in the Rights Issue)
2. Rights entitlement for Equity Shares – 3 (Three) Equity Shares for every 5 (Five) Equity shares as on Record Date
3. Face Value – Rs 10/-
4. Issue Price, per Equity Shares – Rs. 103.00 (inclusive of premium of Rs. 93.00) per Equity share.
5. Equity Shares outstanding prior to the Issue – 40,41,41,460 Equity Shares of Rs. 10/- each
6. Payment Terms – The entire amount of Rs.103/- per Equity Share shall be payable on application. The payment on Application would be as under: On Application Towards Share Capital – Rs 10/- per Equity Share Towards Premium Account – Rs 93/- per Equity Share A separate cheque/demand draft/Pay Order must accompany each Non-ASBA Application Form
State Bank of Bikaner & Jaipur informed the market that it has proposed rights issue and these are the following details for the same .
Rights Issue Details
1. Price : Rs. 390 per Rights Equity Share (Face value of Rs. 10/- each and premium of Rs. 380/- each)
2. Ratio : (2 equity shares for every 5 equity shares held as on the Record Date)
3. No. of equity shares : Issue of 2,00,00,000 equity shares
4. Size of the Issue: Rs. 780 Crores
5. Issue Opening on March 28, 2011 and Closing on April 11, 2011.
523550 Krypton Industries Ltd informed the market that the company has planned for 17:10 Right Issue of Equity Shares
531203 Brand Realty Services Limited informed the market that the company has planned for 1:1 Right Issue of Equity Shares
511714 NCJ International Ltd has informed the market that the company on a meeting that was held on December 06, 2010, has decided to
1. To fix the rate and entitlement of shares to the shareholders ,The Board discussed the rate of issue and finalized at Rs. 12 including a premium of Rs. 2Further, the board discussed the matter of entitlement of shares and finalized the ratio at 2:1 (Two for One Existing Equity Shares)
Karur Vyasa Bank in a meeting that was held yesterday they decided on Bonus and Rights Issue, they have set September 18th as the record date for the same.
1. To issue Bonus shares in the ratio of 2:5 (i.e. Two bonus shares of Rs. 10 each will be
issued for every 5 equity shares of Rs. 10/- each held by the shareholders / beneficial
owners as on the record date.
Rights also 2:5
2. To issue Rights equity shares in the ratio of 2:5 (Two rights shares for every 5 shares
held by the shareholders and beneficial owners) as on the record date to be fixed at a later
date. The rights issue ratio is on the post bonus capital. The price per right share will be
Rs. 150/- (i.e. Face value Rs. 10/- with a premium of Rs. 140 per share
S.R.Industries Ltd. informed the market that in the meeting thats going to be held on August 21st 2010 , they will discuss on Increase in Authorised Capital and for the same they will consider consider and increase the Authorized Share Capital and amendment of relevant clauses of Memorandum and Article of Association.For which they will consider rights issue.
Sakthi Finance Ltd informed the market yesterday that the company is planning to come out with rights issue in the ratio of 2:3 subject to everyones approval and the record date and the cost of the issue will be announced on a later date.
Tonira Pharma Ltd has informed the market that the company has come out with rights issue proposal and the record date for the same will be announced later , the rights issue will be given in the ratio of 1:2 .
Uflex Limited has informed the market that the company and the board has approved the rights issue in a meeting that was held on August 03, 2010, considering further growth plans and also the response from various investor segments, have approved the revision in the ratio of issue of equity shares on Right basis to “One equity share for every three equity shares held” as against “One equity share for every four shares held” and raise funds aggregating to an amount not exceeding Rs 400 crores (Rupees Four hundred crores) instead of Rs. 250 crores approved earlier by the Board.
Karnataka Bank Ltd has informed the market that the company has decided to pay a dividend of 4 rs per share and also have decided to offer Shares on the rights basis to the existing shareholders with subject to boards approval , The Rights basis is in the ratio upto 2:5 [Two equity shares for every five shares held] subject to necessary approvals.
Ramco Systems Ltd has informed the market that the Board of Directors of the Company in the meeting that was held on August 02, 2010, inter alia, have considered and approved the following:- Raising of further capital by means of equity shares on a rights basis for an amount not exceeding Rs. 40 Crs. The terms and obligations and the record date for the same will be announces later.
ANKIT METAL & POWER LTD informed the market that in order to raise the Authorized working capital of the company from 60 crores to 80 crores , they have proposed to come out with Rights Issue and Inter alia, have passed approved the Right Issue.
Arman Financial Services Limited on the meeting that was held on June 17th has decided the following , they have decided to go ahead and give Rights Issue of 50,00,000 equity shares on right basis in the ratio of 6 shares for each 5 shares held by each shareholder having right of renunciation, at the premium of Rs. 5/- per share.The record date for the same will be announced later.
KEW Industries Limited which infromed the market that it has bagged order worth 80 crore from Indian Defence and also 50 crore or so is in the enquiry state said it had a meeting to go over rights issue plan and also decided to give rights issue in the ratio of 2:1.
ADVANTA INDIA LIMITED informed the market that the company has informed the market that it has decided to consider Rights Issue and the proposal for the further issue of Shares and / or other securities on Rights Basis,The company which has a face value of 10 or so and have a equity capital of 16.80 crore ,On the financial side company came out with the results On a consolidated basis, they reported a net loss of Rs 1.29 crore in Q1 March 2010, compared to Rs 3.35 crore in Q1 March 2009. Net sales rose 15.3% to Rs 159.05 crore in Q1 March 2010 over Q1 March 2009.
Murudeshwar Ceramics has informed the market that the company at its meeting held on May 06, 2010, has proposed to issue further equity shares on Rights basis to the existing members in such ratio and at such price as may be decided in due course, for an aggregate sum not exceeding Rs. 75,00,00,000/- (Rupees Seventy five crores) including share premium.
Shree Ram Mills Ltd informed the market yesterday that it has decided to go for Rights Issue and have also appointed a committee for the same which will come out with the pricing, ratio, appointment of agencies and other matters pertaining to the said Rights issue.
Radhe Developers (India) ltd has informed the market that they have decided to come out with a Rights issue
in the tune of 125 crores or for funding future projects This is subject to consultation with Merchant Bankers
and approval of the members & other applicable authorities.
Videocon Industries informed the market about Rights Issue of 51,392,243 Equity Shares of Rs. 10 Each at a Premium of Rs. 215.00 per Equity Share aggregating to an amount of Rs. 11,563.25 Million in the Ratio of 2 (Two) Equity Shares for Every 9 (Nine) Equity Shares held on the Entitlement Date i.e., Close of Business Hours on March 20, 2010 for Equity Shares held in Dematerialized Form and March 22, 2010 for Equity Shares held in Physical Form.
They have informed that the Rights Issue shall open on March 29, 2010 and shall close an April 12, 2010. The last date for receiving request for Split Application Form shall be April 06, 2010.
Videocon Industries Ltd has informed the market that it has fixed record date for the proposed rights issue and and Dividend payment , the Record date is March 22nd 2010 to March 30th 2010 , the book will be closed between these days for for the purpose of Rights Issue, Payment of Dividend & Annual General Meeting (AGM) .
Arihant Superstructures Ltd has informed the market that the company has set March 5th as the record date for the Proposed rights issue in the ratio of 59 shares for every 1 held at the price of Rs. 10/- each (at par) .
Jayshree Chemicals Ltd has informed the market that the company has set February 18, 2010 has been fixed as the Record Date for the proposed rights issue of the company and the issue is for 2,39,94,374 Equity Shares of Rs. 10/- each for cash at a premium of Rs. 5/- per Share, payable in full on Application,and the ratio is in the range of 9 shares for every 2 shares held on the record date set.
Tulive Developers Ltd has informed the market that they have finalized on the rights issue on January 13th 2010 and the issue is of 4,96,875 of Rs. 10/- each aggregating to an amount of Rs. 49,68,750/-, for cash at par on rights basis in the ratio of 159 shares for every 64 equity shares .The record date for the same will be announced soon.
KMC Speciality Hospitals (India) Ltd has informed the market that in the meeting that will be held on January 21st 2010 they will decide on the following items.
> Taking on record the capital reduction.
> A Proposal for rights issue as the Board of Directors thinks fit.
Aarey Drugs had informed the market that the annpouncement that was made earlier on the rights Issue has just been clarified and this new info stands right , they have clarified that they have declared 2 Rights Shares to every stockholder in ratio of 2:1 at the face value of Rs. 10/- + Rs. 15/- towards premium.