.jpg)
Mitsu Chem Plast Limited Rights Issue Subscribed 2.34 Times
Mumbai (Maharashtra) [India], March 11: Mitsu Chem Plast Limited (BSE:540078), one of the largest manufactures of Blow Molding, Injection Molding and Customized Molding, announce its Rights Issue which has been oversubscribed by 2.34 times. A total of 15,09,075 equity shares were offered for subscription at a face value of ₹ 10 each. The overwhelming response [...]
S
Sangri Today Spotlight
BREAKING
PNN
2 years ago
Mitsu Chem Plast Limited Rights Issue Subscribed 2.34 Times
Mumbai (Maharashtra) [India], March 11: Mitsu Chem Plast Limited (BSE:540078), one of the largest manufactures of Blow Molding, Injection Molding and Customized Molding, announce its Rights Issue which has been oversubscribed by 2.34 times. A total of 15,09,075 equity shares were offered for subscription at a face value of ₹ 10 each. The overwhelming response [...]
Full Story: https://www.sangritoday.com/spotlight/mitsu-chem-plast-limited-rights-issue-subscribed-234-times
Mumbai (Maharashtra) [India], March 11: Mitsu Chem Plast Limited (BSE:540078), one of the largest manufactures of Blow Molding, Injection Molding and Customized Molding, announce its Rights Issue which has been oversubscribed by 2.34 times.
A total of 15,09,075 equity shares were offered for subscription at a face value of ₹ 10 each. The overwhelming response saw the company receiving bids for 35,30,921 equity shares, reflecting the confidence of investors in Mitsu ChemPlast’s growth trajectory.
The Rights Issue was priced at ₹ 144 per right equity share, with 50% of the Issue Price payable on application (i.e., ₹ 72). The Right Entitlement Ratio stood at 1 Equity Share for every 8 Fully Paid Equity Shares.
