Quest Softech India Limited Rights Issue 2024



Quest Softech India Limited is a company that provides home charging solutions, public charging stations and fleet management solutions for electric vehicles. The company operates under the brand name AMPVOLTS and also offers consulting services for EV charging strategies. The company was incorporated in 2000 and is listed on BSE.

DETAILS:

ParticularsDetails
Type of Issue:Rights Issue
Rights Issue Price:₹ 30/-
Issue Offer (Amount)₹ 48 Cr.
Issue Offer (Shares)1,60,00,000
Rights Issue Ratio:8:5 (8 Rights Equity Share(s) for every 5 fully paid-up Equity Shares)
Face value of Share:₹ 10/-
Record Date:08/01/2024
Bid/Offer Opening Date:-
Renunciations Date of Rights:-
Bid/Offer Closing Date:-
Terms of Payment:An amount of Rs. 10/- per Rights Equity Share (including a premium of Rs. 6.67 per Rights Equity Share) to be paid on Application and balance to be paid in 2 calls as determined by our Board at its sole discretion from time to time.

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