Stocks

Rights issue of Brooks Labs to open today

| Updated on February 18, 2020 Published on February 19, 2020

The rights issue of Brooks Laboratories opens for subscription on Wednesday. It plans to issue up to 76.66 lakh equity shares of face value ₹10 each for cash at a price of ₹20 a share for an amount aggregating up to ₹15.33 crore on rights basis.

The rights entitlement ratio has been fixed at nine rights equity shares for every 20 fully paid-up equity shares held by the equity shareholders on the record date, i.e. February 12. Shareholders and investors would watch the response to the rights issue.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on February 19, 2020
This article is closed for comments.
Please Email the Editor