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Board of Capri Global Capital finalizes terms of rights issue

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Capital Market
Last Updated : Feb 13 2023 | 12:31 PM IST

At meeting held on 13 February 2023

The Board of Capri Global Capital at its meeting held on 13 February 2023 has approved the following terms of rights issue:

Instrument - Fully paid up equity shares of face value Rs 2 each
Total number of equity shares and rights issue size - Up to 3,03,15,789 fully paid up equity shares each for amount aggregating up to Rs 1440 crore
Rights issue price - Rs 475 per fully paid up equity share (including premium of Rs 473 per share)
Record date - 17 February 2023 for determining the equity shareholders entitled to receive the rights entitlement in the rights issue

Rights issue opening date - 27 February 2023
Rights issue closing date - 10 March 2023

Rights entitlement ratio - 11:64 (11 equity shares for every 64 equity shared held by shareholders as on record date)

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First Published: Feb 13 2023 | 12:09 PM IST

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