Shangar Decor Ltd's Rs 49.35 crore Rights closes on December 6
Nov 22, 2024
Ahmedabad (Gujarat) [India], November 22: Rs. 49.35 crore Rights issue of Ahmedabad based Shangar Decor Limited (BSE-540259), a company providing a wide range of decor services, opened for subscription on November 8, 2024. The funds raised through the right issue will be utilised to fund company's working capital requirements, issue expenses, general corporate among others. Right issue of the company are offered at a price of Rs. 5.76 per share as compared to closing share price of Rs. 10.08 per share on November 21, 2024. Rights Issue will close on December 06, 2024. The last date for On-market Renunciation of Rights Entitlements is 29 November, 2024. Investors can also buy Rights Entitlements from the market to participate in the company's right issue.
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