The Rights Issue Committee (the "Committee") of Hindware Home Innovation Limited passed the resolution on November 28, 2024 for considering and approving the allotment of 1,13,49,962 fully paid-up Equity Shares at an issue price of ₹ 220 per Equity Share (including a premium of ₹ 218 per Equity Share) to eligible equity shareholders or applicants (renouncee), as the case may be pursuant to the Rights Issue.
Accordingly, the paid-up equity share capital of the Company has been increased from ₹14,45,92,790 to ₹16,72,92,714 by addition of 1,13,49,962 equity shares.
The said fully paid-up Equity Shares allotted to eligible equity shareholders or applicants (renouncee), as the case may be, shall rank pari-passu in all respect with the existing fully paid-up Equity Shares of the Company.
Shares of Hindware Home Innovation Limited was last trading in BSE at Rs. 296.70 as compared to the previous close of Rs. 296.75. The total number of shares traded during the day was 1275 in over 145 trades.
The stock hit an intraday high of Rs. 301.55 and intraday low of 293.95. The net turnover during the day was Rs. 378512.00. |
