Hatsun Agro Product to turn ex-rights

Shares of Hatsun Agro Product will turn ex-rights on Thursday. Partly paid-up shares are offered on rights basis to eligible equity shareholders in the ratio of one partly paid-up equity share for every 16 fully paid-up equity shares. The company proposes to issue 95.10 lakh partly paid-up shares through the issue at ₹555 a share. Shares of Hatsun Agro are hovering above ₹700. Investors need to buy the shares by Wednesday to become eligible for the offer.