Bajaj Hindustan record date fixed for rights issue, Latest Stock Price
“The Board of Directors of the Company at its meeting held on September 12, 2011 approved Rs 36 per share as issue price and fixed September 22, 2011 as Record Date for the Purpose of deciding the shareholders who are eligible to apply for Equity Shares on Right basis in the proposed issue on Right Basis to the existing Shareholders of the Company,” the Mumbai-based company stated in a release to the exchanges.
“Further, the ratio of Rights Issue is 2 (two) new Equity Shares for every 1 (one) existing Equity Share,” the release added.
“The Board of Directors of the Company at its meeting held on September 12, 2011 approved Rs 36 per share as issue price and fixed September 22, 2011 as Record Date for the Purpose of deciding the shareholders who are eligible to apply for Equity Shares on Right basis in the proposed issue on Right Basis to the existing Shareholders of the Company,” the Mumbai-based company stated in a release to the exchanges.
“Further, the ratio of Rights Issue is 2 (two) new Equity Shares for every 1 (one) existing Equity Share,” the release added.
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