Announced Mon, 29 Jun · 12:06 IST
Viceroy Hotels to raise up to Rs 107 Cr via rights issue
Corporate Actions View source PDF
VHLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.9%1-day move
₹131.24
prior close
₹131.74
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.3———-0.9-1.7-0.9+1.2-2.3-4.0+0.2———
Up moveDown movePending
AI summary
Board approved a rights issue of fully paid-up equity shares (face value Rs 10) to existing shareholders, excluding promoters and promoter group, for an amount not exceeding Rs 107 crores. A Rights Issue Committee has been set up to decide the entitlement ratio, issue price, record date, and other terms. The fund raise will comply with the Companies Act 2013 and SEBI ICDR Regulations.
Likely market impact
Potential dilution for non-promoter shareholders who do not subscribe. Key terms like issue price and entitlement ratio are yet to be decided.