Description
Record date fixed for rights issue of equity shares with ex-rights trading effective September 2, 2025.
Summary
SCOOBEE DAY GARMENTS (INDIA) LIMITED has fixed the record date for its rights issue of equity shares. The company will issue 1 equity share of Rs 10/- each at a premium of Rs 80/- per share for every 3 equity shares held. Trading will be conducted on ex-rights basis from September 2, 2025.
Key Points
- Rights ratio: 1:3 (1 new share for every 3 existing shares held)
- Face value: Rs 10/- per share
- Premium: Rs 80/- per share
- Total issue price: Rs 90/- per share
- Entire issue price payable on application
- Company code: 531234
Corporate Action Details
- Purpose: Issue of equity shares on rights basis
- Entitlement: 1 equity share for every 3 equity shares held
- Payment: Full issue price of Rs 90/- payable on application
- Settlement: Dematerialised securities under rolling settlement
Important Dates
- Record Date: September 2, 2025
- Ex-Rights Date: September 2, 2025
- Settlement Number: DR-706/2025-2026
Impact Assessment
- Existing shareholders entitled to subscribe to new shares at predetermined price
- Trading will reflect ex-rights pricing from September 2, 2025
- Potential dilution effect for non-participating shareholders
- Capital raising initiative for company expansion or debt reduction
Impact Justification
Corporate action affecting existing shareholders with specific trading implications