Pursuant to finalization of the Basis of Allotment of the Rights Issue in consultation with the designated stock exchange, i.e., BSE Limited ("BSE"), Lead Manager and Registrar to the Issue, the Members of the Rights Issue Committee of Family Care Hospitals Limited, at its meeting held today, i.e., February 28, 2023 has approved the allotment of 2,19,14,774 fully paid-up equity shares of face value of ₹10/- each to the eligible applicants at an issue price of ₹12/- each per rights equity share (including premium of ₹2/- per equity share).
The Company has received valid subscription of 2,19,14,774 Equity Shares i.e., 53.76% of the total Issue Size. In terms of Regulation 86(1) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, the requirement of minimum subscription is not applicable to the Issue and the size of the issue will stand reduced to the extent of the Rights Issue subscribed.
Subsequent to the said allotment, the issued, subscribed, and paid-up equity share capital of the Company stands increased from Rs. 32,10,00,000/- (Rupees Thirty-Two Crores Ten Lakhs Only) divided into 3,21,00,000 (Three Crores Twenty-One Lakhs Only) Equity Shares of face value of Rs. 10/- (Rupees Ten Only) to Rs. 54,01,47,740/-(Rupees Fifty Crores One Lakh Forty-Seven Thousand Seven Hundred and Forty Only) divided into 5,40,14,774 (Five Crores Forty Lakhs Fourteen Thousand Seven Hundred and Seventy-Four only) Equity Shares of face value of Rs. 10/- (Rupees Ten Only).
Shares of Scandent Imaging Limited was last trading in BSE at Rs. 10.06 as compared to the previous close of Rs. 10.39. The total number of shares traded during the day was 166880 in over 574 trades.
The stock hit an intraday high of Rs. 10.55 and intraday low of 9.90. The net turnover during the day was Rs. 1697171.00.