Comments
The rights issue committee of the board of directors of Bhushan Steel Ltd (BSL) has fixed the premium for the company's rights issue at a steep discount to its current market price.
The company said that the committee on February 21 approved the rights issue of 1,41,57,220 equity shares of Rs 2 each in the ratio of 1:15 at a price of Rs 335 per equity share, including a premium of Rs 333 per equity share.
On the BSE today, the share was trading at Rs 402 with about 1.34 lakh shares having been traded by 12.40 p.m.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.