| Author | Message | ||
     Crazy Junior Artist Username: Crazy Post Number: 151 Registered: 02-2011 Posted From: 76.126.211.98 Rating: N/A |
Bonus lekka kaadhu ... for a discounted price you have the oppurtunity to buy shares ... in a way company existing shareholders ki discount price lo shares ammuthundhi ... to get money ... | ||
| 111 Side Hero Username: 111 Post Number: 9925 Registered: 04-2008 Posted From: 50.180.239.141 Rating: N/A |
oh.ok. thanks saint | ||
| Saint Legend Username: Saint Post Number: 45513 Registered: 01-2011 Posted From: 12.22.163.132 Rating: N/A |
bump..anthe anukunta... | ||
| 111 Side Hero Username: 111 Post Number: 9922 Registered: 04-2008 Posted From: 159.63.144.194 Rating: N/A |
http://profit.ndtv.com/news/market/article-gmr-infra-rights- issue-to-open-on-march-24-744498 GMR Infrastructure on Thursday said its Rs. 1,400 crore rights issue will open on March 24. "The Management Committee of the Board of Directors of the Company has approved and adopted the Letter of Offer (LOF) and issue schedule, for the issue of equity shares having face value of Re 1 each by the company on a rights basis to its existing shareholders," GMR Infrastructure informed BSE. The closing date for the rights issue is April 8, 2015. The issue seeks to mobilise over Rs. 1,400 crore consisting of 93.45 crore fully paid up equity shares of face value of Re 1 each. The equity shares are being offered on a rights basis to the eligible equity shareholders in the ratio of 3 equity shares for every 14 equity shares held on the record date of March 12. Shares of GMR Infrastructure were trading at Rs. 17.45, up 1.45 per cent from their previous close on the BSE what is this means ? ""The equity shares are being offered on a rights basis to the eligible equity shareholders in the ratio of 3 equity shares for every 14 equity shares held on the record date of March 12."" will they give 3 shares to every 14 shares we have ? is it like bonus shares or we need to buy....what exactly is this ? |
