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NOTICES |
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Notice No. |
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20240123-12 |
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Notice Date |
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23 Jan 2024 |
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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 YARN SYNDICATE LTD. |
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Content |
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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
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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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YARN SYNDICATE LTD.
(514378)
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24/01/2024
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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.*
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24/01/2024
DR-703/2023-2024
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* 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 |
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