La Tim Metal & Industries Ltd fixes Jan 2, 2024 as record date for rights issue

Total number of Equity Shares and Rights Issue size: Rights Issue of 4,41,57,150 Partly Paid Equity Shares of Face Value of Rs. 1/- (Equity Shares) each, at a price of Rs. 8.50/- (Eight Rupees Fifty Paisa Only) Per Right Share (Including a Premium of Rs. 7.50 /- (Seven Rupees Fifty Paisa Only) Per Right Share) ('Issue Price') ('Right Shares') For An Amount Up To Rs.3753.36 Lakhs.

Rights Issue Price: Considering the amount payable on application Rs. 4.25/- per Equity Share and Rs. 4.25/- Per Equity Share on call Money total aggregating issue price Rs 8.50/- per share.

Record Date: Tuesday, January 02, 2024, designated for the purpose of determining the existing equity shareholders entitled to receive the Rights Entitlement in the Rights Issue ("Eligible Equity Shareholders").

Rights Issue Opening Date: Wednesday, January 10, 2023
Rights Issue Closing Date: Monday, January 29, 2024.

Rights Entitlement Ratio: In the ratio of 1 (one) right shares for every 2 (two) equity shares held by such eligible equity shareholders as on the record date Tuesday, January 02, 2024.

Source : Equity Bulls

Keywords

LaTimMetalandIndustries RightsIssue FundRaising RecordDate 1For2