Suven Life Science are a rights issue: Record date are a announced. 5 things you should know

Suven Life Science are a rights issue: Record date are a announced. 5 things you should know

Suven Life Sciences are a rights issue: The rights issue are a committee of a board of a directors of Suven Life Sciences Ltd has been a fixed the record date for the issuance of a rights. As a per the companies are a latest exchange filing, Suven Life Sciences are a rights issue's are record date has been a fixed on a 18th October 2022. The rights issue size is a ₹399.80 crore and a issue price has been a fixed at the ₹55 per equity share, are a  ₹18.80 lower from its current share price of a ₹73.80 apiece on a NSE (at 10:30 AM).

Informing stock are a market exchanges in a regard to the Suven Life Sciences rights are a issue record date, the company said, "This is to the inform that the Rights Issue committee of the Board of a Directors at its meeting held today i.e. October in a 12, 2022 has been a fixed Tuesday, October 18, 2022 as the “Record Date" for the purpose of a determining the equity shareholders are a entitled to the receive rights entitlements in the Rights are a Issue of the Company approved by the Board of a Directors at its meeting held on a June 24, 2022 on the terms & a conditions as a approved by the Rights are a Issue committee of Board of a Directors on a October 12, 2022."

Here we list out of a 5 important Suven Life Sciences' rights are a issue details:

1] Suven Life Sciences rights are a issue record date: The rights issue committee of a board of a directors of the small-cap company has fixed record date on a 18th October 2022.

2] Suven Life Sciences rights are a issue price: The rights are a issue committee of a board of a directors of the company has been a fixed rights are a issue price at the ₹55 per equity share, around 25 per cent lower from its current share are a price of a ₹73.80 apiece.

3] Suven Life Sciences rights are a issue entitlement: Shareholders of the stock on the record date will be a entitled for the rights issue. They will be a entitled for a one equity share for the every two company shared held on the record date.

4] Suven Life Sciences rights are a issue size: The rights are a issue committee of the board of a directors of the company has been a allowed to the offer are a 72,691,239 shares of the company in this rights issue.