Board of Prismx Global Ventures approves term of rights issue

Image
Capital Market
Last Updated : Feb 17 2022 | 6:04 PM IST

At meeting held on 17 February 2022

The Board of Prismx Global Ventures at its meeting held on 17 February 2022 approved the terms of the proposed rights issue.

Right issue size: 12,20,77,000 equity shares face value of Rs.1 each, for an aggregate amount not exceeding Rs. 48.83 crore.

Rights issue price: Rs 4 per equity share (including premium of Rs 3 per equity share).

Right entitlement ratio: 43 rights equity share(s) for every 100 fully paid-up equity share(s) held by the eligible shareholders as on the record date of 03 March 2022.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 17 2022 | 5:49 PM IST

Next Story