Submission of Newspaper Advertisement for Publication of Basis of Allotment in Respect of Right issue of equity Shares of the Company.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gujarat Cotex Ltd has submitted newspaper advertisements regarding the Basis of Allotment for its Rights Issue of equity shares. The advertisements were published in Financial Express (English and Gujarati) and Jansatta (Hindi) newspapers. The rights issue process appears to be nearing completion with the allotment details now being made public. The company published two application categories with different application numbers (RHB2646585 and RHB2647678), suggesting multiple tranches or categories within the rights issue. The registrar for the issue appears to be Kotak Mahindra Bank based on the contact details provided.
This filing indicates the rights issue process is progressing toward completion. Shareholders who participated in the rights issue can now verify their allotment status. For investors, this signals the company has successfully raised capital through the equity route.