Textile firm Alok Industries on Friday said its shareholders will get two shares for every three shares that they hold in the company under the proposed Rs 551-crore rights issue.
The issue price is to be at par, i.e. Rs 10, and the record date is February 19.
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.