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BAJAJELEC - Bajaj Electricals News Story

₹445.45 8.1  1.8%

Last Trade - 12/08/20

Sector
Consumer Cyclicals
Size
Mid Cap
Market Cap £520.8m
Enterprise Value £653.7m
Revenue £512.3m
Position in Universe 326th / 3000

BRIEF-Bajaj Electricals Approves Issue Of Up To 11.3 Mln Shares Aggregating Up To 3.5 Bln Rupees

Fri 31st January, 2020 7:32am
Jan 31 (Reuters) - Bajaj Electricals Ltd  BJEL.NS :
    * SAYS  APPROVED ISSUE OF UP TO 11.3 MILLION  EQUITY SHARES
AGGREGATING UP TO 3.5 BILLION RUPEES
    * APPROVED ISSUE PRICE OF 310 RUPEES PER EQUITY SHARE FOR
RIGHTS
ISSUE
    * SAYS  APPROVED TO ISSUE 13 EQUITY SHARES FOR EVERY 118
EQUITY
SHARES HELD BY ELIGIBLE EQUITY SHAREHOLDERS OF CO
    * APPROVED FEBRUARY 18 AS ISSUE OPENING DATE, MARCH 3 AS
ISSUE
CLOSING DATE

Source text for Eikon:  ID:nBSE9SLsfz 
Further company coverage:  BJEL.NS 

 ((Reuters.Briefs@thomsonreuters.com;))
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