Archive for the 'Exide Industries' Category

Exide raising Rs 150 cr through rights issue

Wednesday, August 29th, 2007

Exide Industries Ltd announced on Tuesday its plans to raise Rs 150 crore through a 1:15 rights issue (that is one rights share for every 15 shares held). The issue is priced at Rs 30 per equity share of Re 1 face value.
According to a press release issued by the company, the board of directors […]