Shares of Capital India Finance will remain in focus, as its rights issue, which opened today (December 27), will close on January 15, 2019. The company plans to raise about ₹248.75 crore by offering 3.45 crore shares for cash at a price of ₹72 a share. The entitlement ratio to the eligible shareholders is four shares for every five equity shares held as on the record date — December 19. Response to the issue will be closely monitored by shareholders.
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.