Announced Fri, 26 Jun · 12:43 IST
Vivaa Tradecom board approves Rights Issue of up to Rs 15 Crore
Corporate Actions View source PDF
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
—1-day move
₹71.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
——————+8.0+13.3+18.9—————
Up moveDown movePending
AI summary
Vivaa Tradecom's board approved a Rights Issue of equity shares (face value Rs 10) to existing eligible shareholders to raise up to Rs 15 Crores. The record date, issue price, and rights entitlement ratio are yet to be decided by the Rights Issue Committee and notified later. The issue is subject to statutory and regulatory approvals including SEBI ICDR rules.
Likely market impact
Potential dilution for shareholders who do not subscribe. Watch for upcoming announcement on price, ratio and record date.