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| NOTICES |
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| Notice No. |
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20230224-46 |
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Notice Date |
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24 Feb 2023 |
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| Category |
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Corporate Actions |
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Segment |
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Equity |
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| Subject |
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Rights issue of Equity Shares of SPARC ELECTREX LIMITED |
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| Content |
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Trading Members of the Exchange are hereby informed that SPARC ELECTREX LIMITED has fixed Record Date for the purpose of Rights Issue of Equity Shares. The transactions in the Equity Shares of the Company should be done on Ex-Rights basis with effect from the under mentioned date:-
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DEMATERIALISED SECURITIES – ROLLING SETTLEMENT SEGMENT
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COMPANY NAME
& CODE
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RECORD DATE
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PURPOSE
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Ex-Right basis from Date & Sett. No.
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SPARC ELECTREX LIMITED
(531370)
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28/02/2023
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Issue of 3 (Three) Equity shares of Rs.10/- each for cash at a premium of Rs.9/- per share on Rights Basis for every 1 (One) Equity Share held.
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28/02/2023
DR-729/2022-2023
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Note : Terms of Payment:
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Amount Payable per Rights Equity Share
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Face Value
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Premium
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Total
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On the Issue application
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Rs. 2.50
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Rs. 2.25
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Rs. 4.75
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On One or more subsequent Call(s) as determined by the Board / Committee at its sole discretion, from time to time*
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Rs. 7.50
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Rs. 6.75
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Rs. 14.25
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Total
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Rs. 10.00
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Rs. 9.00
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Rs. 19.00
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*Assuming full subscriptions in this right issue.
Trading Members of the Exchange are requested to take note of it.
Marian Dsouza
Senior Manager – Listing Operations (CRD)
February 24, 2023
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