Business Daily from THE HINDU group of publications
Tuesday, Dec 18, 2007
ePaper | Mobile/PDA Version
News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

 Corporate - Rights Issue
Century Extrusions rights issue

Coimbatore, Dec. 17

Century Extrusions Ltd has said that the board of directors of the company has approved rights issue of shares to part finance the cost of expansion (enhancement of capacity for manufacture of aluminium extrusions from 7,500 TPA to 15,000 TPA, estimated project cost - Rs 34.5 core) and diversification (setting up facility for manufacture of 6,000-TPA power transmission and distribution line hardware - estimated project cost Rs 1 crore) projects.

The rights issue will be 3.3 crore equity shares of face value of Re 1 each at a price of Rs 4 per equity share (including a premium of Rs 3 per equity share) in the ratio of 33:47 (33 new shares for every 47 shares held) as on record date to be fixed in due course. - Our Bureau

More Stories on : Rights Issue | Aluminium

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Diamond Cables to raise Rs 250 cr

Sujana Metal to hike capital
Steel Strips pref offer
Refex Refrigerants pref issue
Era Constructions' open offer
Repeat orders buoy ABG Shipyard
Anti-dumping duty sought on import of glazed tiles
Award for Tata Steel plant
‘50,000 clinical staff needed in next 2 years’
BHEL unit to hire from Osmania University
Videocon to hive off businesses
FX Labs acquires gaming portal
ORG completes acquisition of Belgacom’s satellite biz
SRF to invest Rs 257 cr in two greenfield projects
Hansgrohe sets up Indian arm
Mid-cap cos opt for overseas borrowing to fund foreign buys
IFFCO works out plan to revive venture in Senegal
RCom to offer services in Uganda
Studying ONGC appraisal plan for KG field will take time: DGH
Bajaj workers keep their cool with yoga
BHEL, NTPC sign jt venture agreement for EPC activity
‘We have an entrepreneurial bent in us, despite our size’
Ocimum Bio gets $17 m from Kubera Cross Border Fund
Century Extrusions rights issue
Apeejay Shipping plans fleet expansion
Tata Chemicals to hike urea, soda ash production capacity
New MD for Goodyear India

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line