Announced Fri, 24 Apr · 17:14 IST
Final call on partly paid rights issue & revised use of funds
Fund Raising View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.4%1-day move
₹137.00
prior close
₹141.75
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.3+0.7+0.7-0.9+2.4+10.2+21.3+19.3+17.6+19.7+10.9+13.9+22.7+44.7
Up moveDown movePending
AI summary
BCC Fuba India Ltd has approved the first and final call money notice on the partly paid-up shares issued under its earlier rights issue, asking shareholders to pay the remaining balance. The board has also approved a change in the stated objects of the rights issue, meaning the company will now use the proceeds for a different purpose than originally disclosed.
Likely market impact
Shareholders must pay the balance amount on partly paid rights shares by the due date or risk forfeiture. The change in objects may affect how effectively the funds are deployed.