Announced Sat, 18 Jul · 15:36 IST
Aanchal Ispat files draft letter of offer for rights issue up to Rs 15 crore
Corporate Actions View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
-2.7%1-day move
₹88.80
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-2.7-6.0-10.7-15.1-19.4—————
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AI summary
Aanchal Ispat has filed the Draft Letter of Offer with BSE for a proposed rights issue of equity shares of face value Rs 10 each, aggregating up to Rs 1500 lakh (Rs 15 crore), to be offered to existing shareholders on a rights basis. The issue price, entitlement ratio, and record date are yet to be finalized. Purva Sharegistry is the registrar and Brickwork Ratings India is the monitoring agency.
Likely market impact
Existing shareholders will get rights to subscribe additional shares once ratio, price, and record date are announced.