The below are the terms and conditions of the forthcoming rights issue of Billwin Industries Ltd.
Type of securities proposed to be issued - Equity shares of face value of Rs. 10/- ("Rights Equity Shares")
Total number of securities proposed to be issued - 2130724 Equity Shares of face value of Rs.10/- each for an amount aggregating upto Rs. 7,24,44,616/-* (Rupees Seven Crore Twenty four Lacs Forty four Thousand Six Hundred Sixteen only) *assuming full subscription
Issue Price - Rs. 34/- (Rupees Thirty four) per Rights Equity Share (including premium of Ks. 24/- (Rupees Twenty four) per Rights Equity share)
Terms of payment of Issue Price per Rights Equity Share - The full amount of the Issue Price being Rs. 34/- (Rupees Thirty four) will be payable on application.
Record Date - Monday 29 April, 2024
Right Entitlement Ratio - 1 (One) Rights Equity Shares of Rs. 10/- each for every 1 (One) fully paid-up Equity Shares of Rs.10/- held by the equity shareholders in the Company as on the record date ("Eligible Equity ee Shareholders") with the right to renounce.
Schedule of Rights Issue
Issue Opening Date: 13th, May, 2024 Last date for On Market Renunciation of Rights Entitlement: 15th, May, 2024. Issue Closing Date: 20th May, 2024
Shares of Billwin Industries Ltd was last trading in BSE at Rs. 61.52 as compared to the previous close of Rs. 96.80. The total number of shares traded during the day was 129000 in over 42 trades.
The stock hit an intraday high of Rs. 63.99 and intraday low of 58.90. The net turnover during the day was Rs. 7776930.00. |