Aastamangalam Finance Limited Rights Issue
Aastamangalam Finance Limited has announced 1 rights issues since 29 Aug, 2023, with the most recent issue declared on Jul 18, 2024 in the ratio of 8:10 at a price of ₹10 per share.
Last updated on 24 Jul, 2026 | 01:16 IST
Aastamangalam Finance Limited Rights Issue Details
Rights Ratio | Face Value  | Premium | Ex-Right Date | Record Date  | Announcement Date |
|---|---|---|---|---|---|
| 8:10 | 10 | 32.50 | 13-12-2024 | 13-12-2024 | 18-07-2024 |
*Disclaimer: The information listed is solely for research purposes and are not recommendations. Please conduct your own research before making any investment decisions.
FAQs
Who is eligible to apply for Aastamangalam Finance Limited rights issue?
Existing shareholders of Aastamangalam Finance Limited as of the record date are eligible to participate in a rights issue allowing them to purchase additional shares often at a discount.
How can existing shareholders apply for Aastamangalam Finance Limited rights issue?
Shareholders can apply for Aastamangalam Finance Limited rights issue by following the company instructions, typically by submitting an application form and making the payment within the specified period.
Is the rights issue of Aastamangalam Finance Limited mandatory for existing shareholders?
No! Participation in Aastamangalam Finance Limited rights issue is not mandatory, but voluntary. However, shareholders can choose to exercise their rights, sell them, or let them expire.
Has Aastamangalam Finance Limited announced any rights issues in the past?
Yes, Aastamangalam Finance Limited had its last rights issues on the record date: 13-12-2024. The rights ratio for this date was 8:10
What was the last rights issue price and ratio for Aastamangalam Finance Limited?
The last rights issue for Aastamangalam Finance Limited was on record date: 13-12-2024. The issue price was 42.50 and rights ratio was 8:10