The members of the Right Issue Committee of Nakoda Group of Industries Limited at its meeting held today i.e. on Friday, 25th March, 2022 has considered and approved the terms and conditions of the issue.
Right Issue Size: The committee has decided and fixed Rs. 33,40,35,000/-as the Right Issue Size.
Right Shares: 27,83,625 Equity Shares of Rs. 10/- Each.
Right Issue Price: Rs. 120/- Per Equity Share (including a premium of (Rs. 110/-) per equity shares).
Right Entitlement Ratio: 1 (One) new Equity Share for every 4 (Four) existing shares held by the eligible shareholders as on the Record Date.
Record Date: The record date for the purpose of determining eligibility of the equity shareholder Who are entitled to receive the Right Issue Entitlement in the Right Issue is revised and Final Record Date shall be Friday, 01st April, 2022 ("Record Date").
Shares of Nakoda Group of Industries Ltd was last trading in BSE at Rs. 221.00 as compared to the previous close of Rs. 215.60. The total number of shares traded during the day was 22 in over 3 trades.
The stock hit an intraday high of Rs. 224.90 and intraday low of 221.00. The net turnover during the day was Rs. 4869.00.