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| Exchange Received Time 28/03/2018 15:00:57 Exchange Disseminated Time 28/03/2018 15:01:02 Time Taken 00:00:05 | Pre-Issue Advertisement- Issue of upto 3552370 equity shares of face value of Rs. 2 each of Shalimar Paints Limited ('Company') for cash at a price of Rs. 140 (including share premium of Rs. 138) per equity share ('Issue Price') for an aggregate amount of Rs. 4973.32 Lakhs to the Eligible Equity Shareholders on rights basis in the ratio of 6 Equity Shares for every 32 equity shares held by the Eligible Equity Shareholders on the Record Date, i.e., December 29, 2017 (the 'Rights Issue')
We wish to inform you that the Pre-Issue Advertisement (as attached) for the Rights Issue of Shalimar Paints Limited has been published in the following newspapers on Wednesday, March 28, 2018:
English national daily newspaper with wide circulation: Business Standard
Hindi national/Regional daily newspaper with wide circulation: Business Standard
We request you to kindly take this on record. |
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