Brief: Avantel Says Rights Issue Price Set At 40 Rupees Per Rights Equity Share
May 1 (Reuters) - Avantel Ltd AVAN.NS: AVANTEL LTD - RIGHTS ISSUE PRICE SET AT 40 RUPEES PER RIGHTS EQUITY SHARE AVANTEL LTD - RIGHTS ISSUE SIZE IS 809 MILLION RUPEES AVANTEL LTD - RIGHTS ENTITLEMENT RATIO IS 10 FOR EVERY 121 SHARES HELD Source text: ID:nBSE8rpRzt Further company coverage: AVAN.NS ((reuters.briefs@thomsonreuters.com;))