Adroit Infotech Ltd Rights Issue 2024


Adroit Infotech Ltd focuses mainly on providing SAP Support Services in its business operations. The company assists organizations in achieving cost reduction and enhancing effectiveness and efficiency by implementing internal process improvements through the utilization of SAP products and solutions. This constitutes the Business Overview of the company.

DETAILS:

ParticularsDetails
Type of Issue:Rights Issue
Issue Price:₹ 15/- Per Share
Issue Size:₹ 49 Cr.
Rights Issue Ratio:3:2 (3 Rights Equity Share(s) for every 2 fully paid-up Equity Shares)
Face value of Share:₹ 10/-
Record Date:19/01/2024
Bid/Offer Opening Date:07/02/2024
Renunciations Date of Rights:12/02/2024
Bid/Offer Closing Date:16/02/2024
Terms of Payment:

The Rights Issue Price of Rs.15 is to be paid as Rs.3.75 on Application and Rs.11.25 on one or more calls as may be decided by the Board/Rights Issue Committee.

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