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NOTICES
Notice No.   20240123-12   Notice Date   23 Jan 2024
Category   Corporate Actions   Segment   Equity
Subject   Rights issue of Equity Shares of YARN SYNDICATE LTD.
 
Content

Trading Members of the Exchange are hereby informed that YARN SYNDICATE LTD has fixed Record date for the purpose of Rights Issue of Equity Shares of the Company. The transactions in the Equity Shares of the Company should be done on Ex-Rights basis with effect from the under mentioned date :-

DEMATERIALISED SECURITIES – ROLLING SETTLEMENT SEGMENT

COMPANY NAME 

& CODE

RECORD DATE

PURPOSE

Ex-Right basis from Date & Sett. No.

YARN SYNDICATE LTD.

(514378)

24/01/2024

 

Issue of 24 (Twenty Four) Equity Shares of Rs.10/- each for cash at a Premium of Rs.17/- per share on Rights basis for every 05 (Five) Equity Shares held.*

24/01/2024

DR-703/2023-2024

 

* As per Terms of Payment : Issue Price of Rs.27/-  shall be payable by the eligible shareholders in the following manner: 1. Rs. 13.50 at the time of application  and 2. Balance Rs. 13.50  in 1st and Final call, as determined by our Board in consultation with the Rights Issue Committee. 

 

Trading Members of the Exchange are requested to take note of it.

 Marian Dsouza

Senior Manager – Listing Operations (CRD)

January 23, 2024