Business Standard

Majesco, USA fixes record date for rights issue

Image

Capital Market

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.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

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

Explore News