Piramal Enterprises: Rights issue opens

 

The rights issue of Piramal Enterprises will open for subscription on Monday and ends on February 26. It plans to raise ₹2,000 crore through the rights issue. Shareholders have been offered one equity share on rights basis for every 23 shares held in the company at ₹2,380 a share. The company had fixed February 1, as the record date to identify eligible shareholders to participate in the rights issue. All eyes will be on the response to the issue.

Published on February 09, 2018
TOPICS
Piramal Enterprises Ltd

Previous Story Nikkei falls sharply in broad global sell-off; Nissan hit by lower profit

Next Story China shares tumble; on track for worst day in nearly 2 years

MORE FROM BUSINESSLINE


 Getting recommendations just for you...
  1. Comments will be moderated by The Hindu Business Line editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.