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VIP Clothing updates on upcoming rights issue

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Capital Market

Rights issue opens on 28 November 2017

VIP Clothing announced details with respect to the rights issue of the Company of up to 1,65,19,304 fully paid up rights equity shares of Rs 2 each for cash at a premium of Rs 24 aggregating up to Rs 42.95 crore ro eligible equity shareholders of the Company on a rights basis (issue) as under -

Rights issue opens on 28 November 2017.
Rights issue closed on 12 December 2017.
Last date for request for Split Application Forms is 05 December 2017.

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First Published: Nov 20 2017 | 7:28 PM IST

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