Fixing of Record Date for the Right Issue
Price
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Awaiting price reaction for this filing.
Yamini Investments Company Ltd has fixed Tuesday, 13th May 2025 as the record date for its upcoming Rights Issue. Shareholders whose names appear in the company's records on this date will be eligible to apply for the Rights Issue. The company has informed both NSDL and CDSL (the two depositories in India) about this record date. No further details such as the issue price, ratio, or timeline have been disclosed in this particular filing.
Existing shareholders as of 13th May 2025 will get the right (but not the obligation) to subscribe to additional shares. If they do not exercise this right, their existing stake in the company will get diluted. Shareholders should watch for the follow-up letter of offer which will contain the issue price, ratio, and last date to apply.