Gyscoal Alloys approves terms of rights issue

Gyscoal Alloys has approved the terms of the proposed rights issue as follows:

Issue Size: 17,88,51,382 Fully paid-up Equity Shares of Rs. 2.75 each at Rs.1 per share aggregating to Rs. 491841303.25

Issue Price: Rs. 2.75 per Equity Share

Ratio: 110 Equity Shares for Every 100 Equity Shares held

Issue Opening Date: Monday, 02 January 2023
On-Market Renunciation Date: Monday, 09 January 2022
Issue Closing Date: Thursday, 12 January 2022

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