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07/02/2024 17:52

Sharanam Infra - Board Meeting Outcome for Allotment Of 70001400 Equity Shares On Rights Basis

1. Allotment of 7,00,01,400 (Seven Crores One Thousand Four Hundred) Equity Shares having face value of Re. 1.00/- (Rupee One Only) each on a Rights basis to the eligible equity shareholders of the Company at a price of Re. 1.00/- (Rupee One Only) per equity share in the ratio of 7:5 i.e. 7 (Seven) Rights Equity shares for every 5 (Five) fully paid-up Equity shares held by the eligible equity shareholders as on the Record date i.e. Wednesday, 10th January, 2024.\r\n\r\n2. Extinguishment of lapsed rights entitlements and deactivation of ISIN of rights entitlements.