Rights entitlement ratio: I" />
Rights entitlement ratio: I" />
Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Amazon Great Indian Festival Celebration Sale - 2019
Google
Web www.equitybulls.com
Stock Report

| More

Patel Engineering Ltd - Rights Issue Details

Posted On: 2019-09-14 14:13:52

Issue of 22,99,47,908 equity shares of face value of Re. 1 each, on a rights basis, ("Rights Equity Shares") not exceeding an amount of Rs. 2,070 million by the Company to the eligible equity shareholders.

Rights entitlement ratio: In the ratio of 7 Rights Equity Shares that an eligible equity shareholder is entitled to in proportion to 5 equity shares held by such eligible equity shareholder on the record date.

Fractional Entitlement: For Equity Shares being offered on a rights basis under the Issue, if the shareholding of any of the Eligible Equity Shareholders is less than 5 Equity Shares or is not in multiples of 5, the fractional entitlement of such Eligible Equity Shareholders shall be ignored for computation of the Rights Entitlement. However, Eligible Equity Shareholders whose fractional entitlements are being ignored earlier will be given preference in the Allotment of one additional Equity Share each, if such Eligible Equity Shareholders have applied for additional Equity Shares over and above their Rights Entitlement, if any.

Issue price: Rs.9/- per Rights Equity Share (including a premium of Rs.8/- per Rights Equity Share).

Record date: September 18, 2019;

Issue opening date: September 26, 2019;

Last date for receiving requests for SAFs: October 3, 2019;

Issue closing date: October 10, 2019

Shares of PATEL ENGINEERING LTD. was last trading in BSE at Rs.14.59 as compared to the previous close of Rs. 13.9. The total number of shares traded during the day was 48198 in over 76 trades.

The stock hit an intraday high of Rs. 14.59 and intraday low of 14.58. The net turnover during the day was Rs. 703108.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Seya Industries maiden foray into China for supply of specialty chemical intermediate

Maruti Suzuki collaborates with five startups under its MAIL program

Granules India Limited to divest its stake in its Joint Venture located in China

Total announces open offer for shares of Adani Gas Ltd at Rs. 149.63

Rajesh Exports Ltd expands its retail arm by opening one more Retail showroom at Chandapura, Bengaluru

Stellar listing by IRCTC

Sun Pharma Launches CEQUA for the Treatment of Dry Eye Disease in the U.S.

Birlasoft to accelerate Invacare's Business Transformation Journey

Morepen Labs adds three new drugs - Rivaroxaban, Vildagliptin and UDCA to its API portfolio

TOTAL joins Adani to create India's premier integrated gas utility

HFCL launches new line of products under brand name 'IO'

IndiGo connects the political capitals of India and Kingdom of Saudi Arabia

Shalby Ltd conferred with 'DARE to DREAM - ZEE BUSINESS AWARD - COMPANY OF THE YEAR'

Avenue Supermarts Ltd consolidated Q2 net profit at Rs. 322.66 crores

Hero MotoCorp to skip upcoming Auto Expo

Chartered Logistics Limited bags award from ZEE Business

Lawreshwar Polymers Ltd is now Lehar Footwears Ltd

CRISIL updates on credit rating of Avenue Supermarts Ltd

Wendt India Ltd board to announce Q2, H1 results on Oct 22, 2019

CARE reaffirms rating of IDFC First Bank Ltd

Reliance Capital Ltd has sold Reliance Financial Limited for Rs. 102 crore

CARE reaffirms CARE A1+ rating for Future Retail's Commercial Paper

CARE reviews ratings of Lakshmi Vilas Bank Ltd

CARE A1+ rating reaffirmed to Future Enterprises Ltd's Commercial Paper

Reliance Capital Ltd has sold Reliance Securities Limited for Rs. 62 crore

Cadila Healthcare's API manufacturing facility at Dabhasa successfully completes USFDA inspection

MD of Jiya Eco-Products Ltd felicitated with award

RCAP approves Management Buyout of 100% Stake in Reliance Securities

GOCL Corporation Ltd receives order from Coal India Limited

Den Networks Ltd consolidated PAT at Rs. 14.71 crores in Q2

Bajaj Consumer Care Ltd Q2 consolidated net profit at Rs. 56.02 crore

ITI Ltd consolidated Q2 PAT of Rs. 7.19 crore

BOB executes binding transaction documents with BNP Paribas Asset Management Asia Limited

Goa Carbon Ltd to shut down Goa Plant for maintenance work from Oct 12, 2019

Infosys Ltd declares interim dividend of Rs. 8

Aurobindo Pharma Ltd clarifies on Unit-7 inspection outcome

Infosys Ltd reports consolidated PAT of Rs. 4019 crores in Q2

CARE reaffirms ratings of Yuken India Limited

BASF India Ltd receives notices from Commercial Tax Department, Karnataka

Indiabulls Real Estate Ltd board approves buyback at Rs. 100

Gagan - Sustainability Initiative in Cotton Farming by Indo Count Industries Ltd

SCI observed 02nd October as its 59th Foundation Day

RED FM's Swag Fest 3.0 says 'Go Mental'

Sterlite Power Grid Ventures Limited pledges units of India Grid Trust

Atishay Limited has received work order from the office of the Chief Electoral Officer of Maharashtra State

Thomas Cook India Ltd receives NCLT nod for scheme of arrangement

Indiabulls Ventures Limited Board approves Buyback of equity shares at Rs. 150

Blue Star declared winner of the prestigious 'Golden Peacock Award for Excellence in Corporate Governance' for 2019

Cognizant Named a Digital Workplace Services Leader in New Industry Report

CDB Aviation Delivers First of Nine A321neos to IndiGo







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019