City Hotel Limited Closing Issue of 1: 0.80 Right Shares from Today
Summary
City Hotel Limited is closing its 80% rights share offering today, issuing 13,192,000 right shares to existing shareholders and increasing paid-up capital to Rs. 3.01 Arba.
Key Points
- City Hotel Limited is closing its rights offering today, originally scheduled to end on 12th Ashwin, 2082.
- The company is issuing 13,192,000 units of rights shares at a ratio of 1:0.80 to existing shareholders.
- The rights issue is valued at Rs. 1.67 Arba, intended to increase the paid-up capital from Rs. 1.67 Arba to Rs. 3.01 Arba.
- Prabhu Capital Limited is appointed as the issue manager for the rights offering.
