Business Standard

Wednesday, February 12, 2025 | 03:09 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Jet Freight Logistics approves raising of funds

Image

Capital Market

On Rights basis

The Board of Jet Freight Logistics on 27 October 2022 has approved the raising funds through issue of equity shares on rights basis to the existing equity shareholders of the Company for an amount aggregating to less than Rs. 50 crores (Rupees Fifty Crores) and further the Board has constituted a Rights Issue Committee and authorised its members to decide on the terms and conditions of the Issue, including but not limited to, the final Issue size/amount, rights entitlement ratio, the issue price, record date, timing of the Rights Issue, approval of draft letter of offer; appointment of intermediaries and legal counsel, if required; allotment of shares and other related matters.

Powered by Capital Market - Live News

 

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

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 27 2022 | 12:51 PM IST

Explore News