Shares of Max Ventures and Industries will turn ex-rights on Thursday. The company, which plans to raise ₹449.89 crore, has fixed the issue price at ₹61. The rights entitlement ratio is 67 rights shares for every 66 fully paid-up shares held by eligible shareholders as on the record date - June 22. Investors wishing to participate in the proposed rights issue have to buy Max Ventures shares by Wednesday. The funds mopped up will be utilised for business purposes.
What to watch. Max Ventures & Ind to turn ex-rights
Published on
June 19, 2018 15:42
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