Sundae Capital Advisors Private Limited has Submitted to the Exchange a copy of Letter of Offer.
DHANUKA · price
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Sundae Capital Advisors Private Limited, acting as merchant banker, has submitted a Letter of Offer to the exchange on behalf of Dhanuka Agritech Limited. A Letter of Offer is typically issued in connection with a rights issue or capital raising exercise, where existing shareholders are offered the opportunity to subscribe to additional shares. The specific terms such as issue price, discount to market price, record date, and entitlement ratio are not mentioned in this headline filing. Further details would be available in the accompanying Letter of Offer document.
Shareholders should review the detailed Letter of Offer to understand their entitlement and decide whether to participate. The stock may see some price adjustment around the record date, depending on the terms of the offer.