Allotment of 92.03 lakh equity shares on rights basis at Rs 115 each
VHLTD · price
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Viceroy Hotels has allotted 92,03,008 fully paid-up equity shares on a rights basis at Rs 115 per share, including a premium of Rs 105. The total issue size is Rs 10,583.46 lakhs. Paid-up equity capital has risen from 6.75 crore shares to 7.68 crore shares, a rise of about 13.6 percent. The rights issue was offered to existing shareholders other than promoters and promoter group. Lapsed rights entitlements have been extinguished.
Equity dilution of roughly 13.6 percent for non-promoter shareholders. Fresh capital may be used for expansion, debt reduction, or general purposes.