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Indian Hotels Co update on rights issue

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Rights issue opens on 24 November 2021

Indian Hotels Co has considered and approved the following terms of the rights issue:

Total Number of equity shares - 13,21,39,827 equity shares
Rights issue size - Rs 1982.10 crore
Rights issue price - Rs 150 per fully paid up equity share (including premium of Rs 149 per share)
Record date - 13 November 2021
Right issue opening date - 24 November 2021
Rights issue closing date - 08 December 2021
Rights entitlement ratio - One equity share for every 9 fully paid up equity shares
ISIN for Rights Entitlement: INE053A20011

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First Published: Nov 10 2021 | 12:04 PM IST

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