Promoter announces offer for sale of shares of RattanIndia Infrastructure LtdArbutus Consultancy LLP a Promoter Group Entity of the RattanIndia Infrastructure Limited has announces offer for Sale of 6,49,11,325 Equity Share of Face Value of Rs.2/- each on December 3, 2018.
The Offer shall open on December 6, 2018 (for Non- Retail Investors only) and December 7, 2018 (for Retail Investors and for Non-Retail Investors who choose to carry forward their bids), through a sale on the separate designated window to be provided by BSE Limited only. The date of closure of the offer shall also be December 7, 2018.
The floor price of the Offer for Sale shall be Rupees. 3.40/- (Rupees Three and Paisa Forty Only) per equity share of the Company and a discount of 5% on the same is being offered to Retail Investors.
Shares of RattanIndia Infrastructure Limited was last trading in BSE at Rs.3.45 as compared to the previous close of Rs. 3.58. The total number of shares traded during the day was 57621 in over 41 trades.
The stock hit an intraday high of Rs. 3.57 and intraday low of 3.41. The net turnover during the day was Rs. 197208.