Hatsun Agro Product update on terms of rights issue

Hatsun Agro Product announced the terms of the proposed rights issue as under:

a. Total number of Equity Shares and Rights Issue size: up to 71,85,444 fully paid-up Equity Shares aggregating up to Rs. 301.07 crore

b. Rights Issue Price: Rs. 419 per Equity Share (including a premium of Rs. 418 per Equity Share)

c. Record Date: 8 December 2022

d. Rights Issue period:

a. Rights Issue Opening Date:19 December 2022
b. Rights Issue Closing Date: 9 January 2023

e. Outstanding Equity Shares:
a. Prior to the Rights Issue: 21,55,63,323
b. Post Rights Issue: 22,27,48,767

g. Rights Entitlement Ratio: 1:30

 

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