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Majesco, USA fixes record date for rights issue

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Capital Market
Last Updated : Dec 28 2018 | 12:31 PM IST

Record date is 07 January 2019

Majesco, USA, subsidiary company of Majesco has fixed 07 January 2019 as record date for its previously announced rights offering.

Under the proposed rights offering, Majesco will distribute to its shareholders, at no charge, one non]transferable subscription right for each share of common stock held or deemed to be held on the record date. Each right will entitle the holder to purchase one]sixth of a share of Majescofs common stock at a subscription price of $7.10 per whole share.

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First Published: Dec 28 2018 | 9:10 AM IST

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