Scanpoint Geomatics rights issue opens next week. Price, record date, ratio, other details

Informing the Indian banal marketplace bourses astir the rights issue, Scanpoint Geomatics Ltd said, "Scanpoint Geomatics Limited (SGL), 1 of the starring providers of geospatial exertion solutions is scheduled to unfastened its Rights Issue connected April 30, 2024."

"The Company volition contented 9,88,00,000 afloat paid-up Equity Shares of the look worth of ₹2 each for currency for ₹5 per Equity Share (including a premium of ₹3 per Equity Share) aggregating to ₹49.40 crore connected a rights ground to eligible equity shareholders successful the ratio of 67:47 (67 Equity Shares for each 47 Equity shares afloat paid-up Equity Share held by the Eligible Equity Shareholders of the Company, arsenic connected the grounds date)," the institution added.

Sandpoint Geomatics rights issue: Top 5 details

1] Scanpoint Geomatics rights contented price: The institution has fixed the rights contented terms astatine ₹5 apiece.

2] Scanpoint Geomatics rights contented size: The institution aims to rise ₹49.40 crore from this rights contented offer.

3] Scanpoint Geomatics rights contented ratio: 67 Equity Shares for each 47 Equity shares afloat paid-up Equity Shares held by the Eligible Equity Shareholders of the Company, arsenic connected the grounds date.

4] Scanpoint Geomatics rights nett proceeds: The wealth raised done this connection volition beryllium utilized for repayment of the identified unsecured loans and gathering the moving superior of the company.

5] Scanpoint Geomatics rights contented grounds date: To ascertain the eligibility of shareholders to enactment successful this rights contented offer, the institution has fixed 19th April 2024 arsenic the grounds day for the upcoming rights issue.

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Published: 27 Apr 2024, 02:51 PM IST