Rights Issue

SRM Energy Rights Issue

SRM Energy is meeting on 07th July to declare Quarterly Results and
1.To amendment the object clause of the memorandum of association of the Company.
2.To change the borrowing limits.
3. To authorise for creation of charge on the assets of the Company.
4. To giving of loans/ guarantee(s), / or provide any security(ies) in terms of section [...]


Remidimcherla Power Rights Issue

Remidimcherla Power board will be meeting on 07th July 2010 to issue of shares on Rights Basis & to appoint a new Director of the company.


Avoid Suzlon Energy Rights Issue

Shareholders can refrain from applying to the rights offer made by Suzlon Energy, as the additional capital from the rights is unlikely to be earnings-accretive in the medium-term. The offer’s primary objective is to discharge certain loans availed of by the company from the promoter group. The rights offer, together with any FCCB conversion in [...]


Record Date – REO Agro Rights Issue – Today

REI Agro has fixed 08 June 2010 as the record date to determine eligibility of the equity shareholders who are eligible to apply for the equity shares under the proposed right issue of the company.
Rights Issue of equity shares in the ratio of 2:1 of Re. 1/- each at a premium of [...]


Record date – Suzlon Energy Rights Issue

Suzlon Energy has fixed 10 June 2010 as the record date for the purpose of determining the equity shareholders of the company who will be entitled to apply for the equity shares in the rights issue.


Suzlon Energy Rights Issue approved

Wind turbine manufacturer Suzlon Energy today said it will raise funds through rights issue to repay its debt.
The rights issue committee of directors at its meeting held yesterday, has decided to allot 2 equity shares for every 15 shares held by the existing shareholders on a rights basis, Suzlon said in a filing to the [...]


Magnum Ventures Rights Issue

The board meeting of Magnum Ventures will be held on 29 May 2010 to consider and approve the audited financial results for the financial year ended 31 March 2010 and to consider rights issue of shares.


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