Rights Issue Announcement for Camlin Fine Sciences Ltd - Jan 8, 2025
Camlin Fine Sciences Ltd has announced a rights issue, offering existing shareholders the opportunity to purchase additional shares at a favorable rate. The rights issue comes with a ratio of 5:41,meaning shareholders are entitled to buy 5 new shares for every 41 shares they currently hold.
This issue is priced at a premium of 41 per share. Important dates for this rights issue include the record date of Jan 8, 2025, which is the cutoff date to determine shareholder eligibility for the rights offer. The ex-date, when the stock will begin trading without the rights entitlement, is Jan 8, 2025.
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