Revised outcome of the right issue committe held on 4th July, 2005 has revised and fixed the record date for the of determining the shareholders who will be eligible to apply for the rights ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Apollo Ingredients Ltd has revised the outcome of its rights issue committee meeting held on 4th July 2005. The company has fixed a revised record date to determine which shareholders will be eligible to apply for the upcoming rights issue. The revision changes the cutoff date used to identify eligible shareholders on the company's register. Shareholders holding shares as of the new record date will be entitled to participate in the rights issue. No details on the issue price, ratio, or discount were provided in this filing.
Existing shareholders should note the revised record date carefully, as only those on the register on that date will receive rights entitlement. A revised record date can sometimes cause short-term uncertainty around the stock but ultimately clarifies eligibility for participation in the rights issue.