Skipper has allotted Rights Issue 1:10 ie one Rights Equity for every 10 shares held.
Today that REs have been credited to eligible share holders. RE issue will be at 198/-share. Hence there is a difference of Rs 42/- from todays CMP of skipper. Those who are not interested to apply for RE, have sold their share in open market and are available at Rs 42/-. (ie the difference between Offer price and CMP of skipper).
Those who want apply for Rights Issue, to apply on or before 05 Feb by paying Rs 48.25. you will be issued with Skipper BE share of face Value 0.25 (present FV of skipper share is Rs 1). You may need to pay additional Rs 144.75 as and when asked by the board to convert that share to a normal skipper share of FV of 1 (Up to three additional Calls, with terms and conditions such as the number of Calls and the timing and quantum of each Call as may be decided by the Board/ Rights Issue Committee –from time to time to be completed on or prior to March 2025).
From 05 Feb, REs allotted will expire and wont be avl for trading.
| Subscribe To Our Free Newsletter |
