Suven Life Sciences Rights Issue: The Rights Issue Committee of the Board of Directors of Suven Life Sciences Limited has fixed a record date for issuance of the rights. As per the latest exchange filings of the companies, the record date for Suven Life Sciences Rights Issue has been fixed as 18 October 2022. The size of the rights issue is 399.80 crore and the issue price has been fixed at 55 per equity share, 18.80 less than its current share price 73.80 app on NSE (10:30 am).
Information Share Market With regard to the Suven Life Sciences rights issue record date, the company said, “It is informed that the Rights Issue Committee of the Board of Directors in its meeting held today i.e. October 12, 2022 has set Tuesday, October 18, 2022 12 Issue Committee of the Board of Directors on October 2022.”
Here we list down 5 important Suven Life Sciences rights issue details:
1]Suven Life Sciences Rights Issue Record Date: The rights issue committee of the board of directors of the small-cap company has fixed October 18, 2022 as the record date.
2]Suven Life Sciences Rights Issue Price: The Rights Issue Committee of the Board of Directors of the Company has fixed the Rights Issue Price. 55 per equity share, about 25 per cent less than its current share price 73.80 per.
3]Suven Life Sciences Rights Issue Entitlement: Shareholders of the stock as on the record date will be entitled to the rights issue. They will be entitled to one equity share for every two companies held on the record date.
4]Suven Life Sciences Rights Issue Size: The Rights Issue Committee of the Board of Directors of the Company has approved the offer of 72,691,239 shares of the Company in this rights issue.
5]Suven Life Sciences Rights Issue Listing: These rights or shares are proposed to be listed on BSE and NSE. The company is yet to announce the listing and subscription dates.
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