Rights Issue Announcement for Moksh Ornaments Ltd - Dec 20, 2024

Moksh Ornaments 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 14:23,meaning shareholders are entitled to buy 14 new shares for every 23 shares they currently hold.

This issue is priced at a premium of 23 per share. Important dates for this rights issue include the record date of Dec 20, 2024, 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 Dec 20, 2024.