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Spectrum Foods Ltd
Board Meeting Outcome for Outcome Of The Meeting Of The Rights Issue Committee Of Spectrum Foods Limited
12:09 PM, 14th Mar 2024
1. Approved the issue of 19393544 Partly Paid-up Equity Shares of face value of Rs. 10/- each at an issue price of Rs. 20/- per Equity Share (including a premium of Rs. 10/- per Equity Share) aggregating to Rs. 387870880 to all the existing equity shareholders of the Company on a rights basis (Rights Issue).2. Considered and approved the various terms of the Rights Issue.