|
| Exchange Disseminated Time | Wheels India Ltd has informed BSE that the "Committee - Capital Issues" constituted by the Board of Directors of the Company, in its meeting held on February 03, 2014, inter alia, has decided and approved the following in relation to the proposed rights issue of equity shares of the Company ("Issue"):
1. Rights Issue Price:
- Rs. 400/- (Rupees four hundred only) per Equity Share (including premium of Rs. 390/- per share).
2. Rights entitlement ratio for the Issue:
- 51 Equity shares for every 20 Equity shares held by Eligible Equity Shareholders as on the record date.
3. All the equity shares to be issued pursuant to the Issue shall rank pari passu with the existing equity shares of the Company.
No of Equity shares Offered : 21,62,835.
Existing Total Number of Equity Shares Prior to the Issue : 98,69,444 |
|
|