The stock with small capacities below 50 lei declares the fundraising through the problem of rights. Details here

Square market today: VIP, a trading of actions with small capacities within ₹50, revealed the lifting plans ₹49.75 crore by a problem of rights. Despite the market fluctuations, the company tries to strengthen its own capital base, inviting existing shareholders to participate in this financing opportunity.

Details about issuing rights VIPUL

The LTD VIP, on February 28, did the exchanges regarding the result of the meeting of the Company’s correct issue committee.

The VIP, in a statement, said: “This must inform you that the company’s correct issue committee during their meeting took place on Friday, February 28, 2025, took into account and approved the draft tender letter for raising funds by issuing its equity shares fully paid by Rs. Each (“equity shares”) to the shares of the company’s own equity shares, based on a right of rights, as being at the record, a way (including the correct broadcast committee) at a later date.

Issuing and allocating equity shares of nominal value ₹1/- each of the LTD VIP to the existing equity shareholders of the company, will be for an amount of aggregation until ₹49.75 crore.

The price of the action LTD VIP was opened on Monday at ₹11.13 on Bve . Opening the price of shares LTD VIP was flat because the stock closed to ₹11.13 Friday. The price of action LTD VIP was later was a maximum level ₹11.58. However, he slipped to a high level of ₹10.58 led by weakness on the stock market, because Sensex corrected 400 points.

Disclaimer: The opinions and recommendations presented in this article are those of individual analysts. These do not represent the opinions lie. We advise investors to check with certified experts before making investment decisions.