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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Markobenz Ventures Limited has fixed Wednesday, 28th May 2025 as the record date to identify shareholders eligible for its upcoming rights issue. Under the proposed terms, eligible shareholders will receive 5 equity shares for every 2 fully paid-up shares they currently hold — a 2.5:1 ratio. The intimation is filed under SEBI's Listing Regulations, 2015. The issue price has not been disclosed in this particular filing. Note: the source headline listed the company as Newtrac Foods & Beverages Ltd, but the actual document is signed by Markobenz Ventures Limited's Managing Director Bhavin Yogesh Shukla.
Shareholders holding shares as of 28th May 2025 will be entitled to subscribe to the rights issue. Given the heavy 5:2 ratio, existing investors will need to participate (and fund) the issue to avoid meaningful dilution of their stake; non-participation will significantly reduce their ownership percentage.