Board of Hatsun Agro Product approves details pertaining to rights issue

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Capital Market
Last Updated : Jun 06 2018 | 7:16 PM IST

At meeting held on 06 June 2018

The Board of Hatsun Agro Product approved the Rights Issue opening and closing date and the last date for split application forms with respect to issue of 95,10,519 partly paid up equity shares of face value of Rs. 1 each for cash at a price of Rs. 555 (including a premium of Rs. 554) per equity share for an amount aggregating to Rs. 52,783.38 lakhs on a rights basis to the Eligible Equity Shareholders of the Company on the record date of 01 June 2018 ('Rights Issue') and has also approved the Letter of Offer to be filed with BSE and National Stock Exchange of India and to be submitted to the Securities and Exchange Board of India ('SEBI').

Issue opening date - 14 June 2018
Issue closing date - 05 July 2018
Last date of split application forms - 28 June 2018

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First Published: Jun 06 2018 | 7:05 PM IST

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