Announced Wed, 1 Jul · 18:49 IST
Board approves Rights Issue of up to Rs 2,100 Lakhs
Fund Raising View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
+9.4%1-day move
₹20.95
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+9.4+14.8——+3.2+2.9+26.0———
Up moveDown movePending
AI summary
Board of Containe Technologies approved raising up to Rs 2,100 Lakhs (around Rs 21 crore) through a Rights Issue of equity shares of face value Rs 10 each, to be offered to existing eligible shareholders. Issue price, entitlement ratio, record date, and payment terms will be decided later. Issue is subject to statutory and regulatory approvals.
Likely market impact
Existing shareholders can subscribe to the Rights Issue. Terms yet to be finalised, so stock may see pressure once issue price is announced.