Comments
Shares of Shalimar Paints will turn ex-rights on Tuesday. The company plans to raise ₹217 crore through a rights issue by offering 3.37 crore shares at a price of ₹64.50 a share. Shareholders are entitled to receive three rights shares for every two shares held in the company. Shares of Shalimar Paints will remain in focus, as those interested in participating in the rights issue need to buy the company’s shares by Monday. The record date for the purpose is November 9.
Comments
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.