Piramal Enterprises: Rights issue opens

Updated - February 09, 2018 at 11:20 PM.

 

The rights issue of Piramal Enterprises will open for subscription on Monday and ends on February 26. It plans to raise ₹2,000 crore through the rights issue. Shareholders have been offered one equity share on rights basis for every 23 shares held in the company at ₹2,380 a share. The company had fixed February 1, as the record date to identify eligible shareholders to participate in the rights issue. All eyes will be on the response to the issue.

Published on February 9, 2018 17:50