Arvind Fashions Share Price
Arvind Fashions Ltd.
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About Arvind Fashions
It was on January 5th, 2016, that Arvind Fashions Limited was officially established. A variety of the company's branded clothing is being marketed in the Indian market. The Company and its affiliates retail, selling branded clothing, cosmetics, and footwear. With a comprehensive tech infrastructure that can handle its internet marketplace operations and full on-ground Omni operations, the Company has become India's top offline and online apparel-led lifestyle business.
The US Polo Assn. is one of the many worldwide brands owned or licensed by the company. The Flying Machine, an Arrow Those who wear Tommy Hilfiger Unlimited Clavin Klein In Addition to Sephora Its multi-channel distribution skills and full-fledged onmi-channel knowledge have allowed it to partner with and grow several well-known companies on a global scale. To expand its digital and Omnichannel offerings, the company deepened its marketplace linkages with all of the major e-commerce platforms.
The company's ultimate goal is to become the dominant player in India's casual lifestyle market, shaping how people dress after the epidemic. It has effectively diversified into adjacent categories, including luxury innerwear, childrenswear, footwear, and accessories. The business has always been at the forefront of technological innovation, and it has recently begun to place a greater emphasis on developing its Omni-channel capabilities.
It expanded marketplace linkages with all major e-commerce firms, allowing it to ramp up its digital and Omnichannel activity. By linking shops and distribution centers via digital platforms, inventory turnover and retail output might be better managed. With the addition of 5 specialized B2C (Business to Customer) facilities, the company can now fulfill up to 30,000 orders per day, significantly improving delivery times for online shoppers.
The goal of achieving a reduced cost structure and developing a "Fit for Future" organization refocused efforts on cutting fixed costs across the board. It was necessary to make certain structural alterations to the expenses of renting a business during the shutdown times. As a whole, the portfolio's unprofitable outlets were shut down.
As a result of reducing the number of B2B (Business to Business) warehouses from 11 to 4, the company was able to save a significant amount of money on structural costs. During the pandemic crisis, the company was able to capitalize on its previous and new investments in the digital ecosystem, which together accounted for one-third of yearly sales.
Two Rights Issues were conducted by the Company in 2020 to raise capital in the form of equity shares; the Company issued and allotted 39979347 Equity Shares of Rs 4/- each of the Company on a rights basis in the ratio of 62 Equity Shares for every 91 Equity Shares held to eligible equity shareholders of the Company at an issue price of Rs 100/- per Equity Share (including premium of Rs 96 per Rights Equity Share) for an aggregate amount upto Rs 399.79 crores and
The Company has used the proceeds from the Rights Issue to repay certain borrowings of the Company and its wholly-owned subsidiary, as well as for general corporate purposes, as outlined in the Letter of Offer dated May 18, 2020, as supplemented by the Addendum to the Letter of Offer dated June 23, 2020, and any other addenda issued in connection with the Rights Issue.
At an issue price of Rs 135/- per Equity Share (including a premium of Rs. 131 per Rights Equity Share), the Company issued 14802856 Equity Shares and allotted 14801776 Equity Shares of Rs 4/- each of the Company on rights basis in the ratio of 3 per Equity Share for every 20 Equity Shares held to eligible Equity Shareholders of the Company. Do you want to know about the Arvind Fashions Shares? Click Here to know about today’s Arvind Fashions Share Price.
The US Polo Assn. is one of the many worldwide brands owned or licensed by the company. The Flying Machine, an Arrow Those who wear Tommy Hilfiger Unlimited Clavin Klein In Addition to Sephora Its multi-channel distribution skills and full-fledged onmi-channel knowledge have allowed it to partner with and grow several well-known companies on a global scale. To expand its digital and Omnichannel offerings, the company deepened its marketplace linkages with all of the major e-commerce platforms.
The company's ultimate goal is to become the dominant player in India's casual lifestyle market, shaping how people dress after the epidemic. It has effectively diversified into adjacent categories, including luxury innerwear, childrenswear, footwear, and accessories. The business has always been at the forefront of technological innovation, and it has recently begun to place a greater emphasis on developing its Omni-channel capabilities.
It expanded marketplace linkages with all major e-commerce firms, allowing it to ramp up its digital and Omnichannel activity. By linking shops and distribution centers via digital platforms, inventory turnover and retail output might be better managed. With the addition of 5 specialized B2C (Business to Customer) facilities, the company can now fulfill up to 30,000 orders per day, significantly improving delivery times for online shoppers.
The goal of achieving a reduced cost structure and developing a "Fit for Future" organization refocused efforts on cutting fixed costs across the board. It was necessary to make certain structural alterations to the expenses of renting a business during the shutdown times. As a whole, the portfolio's unprofitable outlets were shut down.
As a result of reducing the number of B2B (Business to Business) warehouses from 11 to 4, the company was able to save a significant amount of money on structural costs. During the pandemic crisis, the company was able to capitalize on its previous and new investments in the digital ecosystem, which together accounted for one-third of yearly sales.
Two Rights Issues were conducted by the Company in 2020 to raise capital in the form of equity shares; the Company issued and allotted 39979347 Equity Shares of Rs 4/- each of the Company on a rights basis in the ratio of 62 Equity Shares for every 91 Equity Shares held to eligible equity shareholders of the Company at an issue price of Rs 100/- per Equity Share (including premium of Rs 96 per Rights Equity Share) for an aggregate amount upto Rs 399.79 crores and
The Company has used the proceeds from the Rights Issue to repay certain borrowings of the Company and its wholly-owned subsidiary, as well as for general corporate purposes, as outlined in the Letter of Offer dated May 18, 2020, as supplemented by the Addendum to the Letter of Offer dated June 23, 2020, and any other addenda issued in connection with the Rights Issue.
At an issue price of Rs 135/- per Equity Share (including a premium of Rs. 131 per Rights Equity Share), the Company issued 14802856 Equity Shares and allotted 14801776 Equity Shares of Rs 4/- each of the Company on rights basis in the ratio of 3 per Equity Share for every 20 Equity Shares held to eligible Equity Shareholders of the Company. Do you want to know about the Arvind Fashions Shares? Click Here to know about today’s Arvind Fashions Share Price.
Fundamentals of Arvind Fashions Shares
Market Cap |
P/E Ratio |
P/B Ratio |
Industry P/E |
|---|---|---|---|
Rs. 3855.26 Cr |
505.16 |
1.64 |
183.23 |
ROE |
EPS (TTM) |
Dividend Yield |
Book Value |
|---|---|---|---|
0.37 % |
0.56 |
0.00 % |
174.81 |
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What is the Market Cap of Arvind Fashions Ltd. shares?
As of 26 Mar`23 the Market Cap of Arvind Fashions Ltd. is 3855.26.
What is the PE and PB ratio of Arvind Fashions Ltd. stock?
As of 26 Mar`23 the PE is 505.16 and PB is 1.64.
Arvind Fashions - Quaterly Results
Publish Date: 14/11/2022
The sales moved up 27.48% to Rs. 1783.00 millions for the September 2022 quarter as compared to Rs. 1398.70 millions during the year-ago period.Handsome Net Profit growth of 94.96% reported above the corresponding previous quarter figure of Rs. 92.80 millions to Rs. 47.60 millions.Operating profit for the quarter ended September 2022 rose to 166.00 millions as compared to 133.70 millions of corresponding quarter ended September 2021.
(Rs. in Million) |
| Quarter ended | Year to Date | Year ended | |||||||
| 202209 | 202109 | % Var | 202209 | 202109 | % Var | 202203 | 202103 | % Var | |
| Sales | 1783.00 | 1398.70 | 27.48 | 2942.50 | 2112.70 | 39.28 | 5140.10 | 2983.00 | 72.31 |
| Other Income | 22.50 | 20.40 | 10.29 | 41.50 | 46.70 | -11.13 | 94.40 | 147.40 | -35.96 |
| PBIDT | 166.00 | 133.70 | 24.16 | 244.10 | 213.20 | 14.49 | 393.10 | 350.10 | 12.28 |
| Interest | 34.80 | 41.70 | -16.55 | 63.00 | 71.00 | -11.27 | 123.60 | 314.30 | -60.67 |
| PBDT | 131.20 | 92.00 | 42.61 | 181.10 | 142.20 | 27.36 | 269.50 | -421.50 | -163.94 |
| Depreciation | 37.40 | 34.50 | 8.41 | 70.30 | 83.20 | -15.50 | 180.70 | 175.40 | 3.02 |
| PBT | 93.80 | 57.50 | 63.13 | 110.80 | 59.00 | 87.80 | 88.80 | -596.90 | -114.88 |
| TAX | 1.00 | 9.90 | -89.90 | 1.30 | 10.00 | -87.00 | 14.40 | -2.80 | -614.29 |
| Deferred Tax | 1.00 | 0.10 | 900.00 | 1.30 | 0.20 | 550.00 | 2.40 | -2.80 | -185.71 |
| PAT | 92.80 | 47.60 | 94.96 | 109.50 | 49.00 | 123.47 | 74.40 | -594.10 | -112.52 |
| Equity | 531.00 | 529.20 | 0.34 | 531.00 | 529.20 | 0.34 | 529.70 | 424.30 | 24.84 |
| PBIDTM(%) | 9.31 | 9.56 | -2.60 | 8.30 | 10.09 | -17.79 | 7.65 | 11.74 | -34.84 |
Arvind Fashions - Quaterly Results
Publish Date: 14/11/2022
The sales for the September 2022 quarter moved up 27.48% to Rs. 1783.00 millions as compared to Rs. 1398.70 millions during the corresponding quarter last year.Handsome Net Profit growth of 94.96% reported above the corresponding previous quarter figure of Rs. 92.80 millions to Rs. 47.60 millions.OP of the company witnessed a marginal growth to 166.00 millions from 133.70 millions in the same quarter last year.
(Rs. in Million) |
| Quarter ended | Year to Date | Year ended | |||||||
| 202209 | 202109 | % Var | 202209 | 202109 | % Var | 202203 | 202103 | % Var | |
| Sales | 1783.00 | 1398.70 | 27.48 | 2942.50 | 2112.70 | 39.28 | 5140.10 | 2983.00 | 72.31 |
| Other Income | 22.50 | 20.40 | 10.29 | 41.50 | 46.70 | -11.13 | 94.40 | 147.40 | -35.96 |
| PBIDT | 166.00 | 133.70 | 24.16 | 244.10 | 213.20 | 14.49 | 393.10 | 350.10 | 12.28 |
| Interest | 34.80 | 41.70 | -16.55 | 63.00 | 71.00 | -11.27 | 123.60 | 314.30 | -60.67 |
| PBDT | 131.20 | 92.00 | 42.61 | 181.10 | 142.20 | 27.36 | 269.50 | -421.50 | -163.94 |
| Depreciation | 37.40 | 34.50 | 8.41 | 70.30 | 83.20 | -15.50 | 180.70 | 175.40 | 3.02 |
| PBT | 93.80 | 57.50 | 63.13 | 110.80 | 59.00 | 87.80 | 88.80 | -596.90 | -114.88 |
| TAX | 1.00 | 9.90 | -89.90 | 1.30 | 10.00 | -87.00 | 14.40 | -2.80 | -614.29 |
| Deferred Tax | 1.00 | 0.10 | 900.00 | 1.30 | 0.20 | 550.00 | 2.40 | -2.80 | -185.71 |
| PAT | 92.80 | 47.60 | 94.96 | 109.50 | 49.00 | 123.47 | 74.40 | -594.10 | -112.52 |
| Equity | 531.00 | 529.20 | 0.34 | 531.00 | 529.20 | 0.34 | 529.70 | 424.30 | 24.84 |
| PBIDTM(%) | 9.31 | 9.56 | -2.60 | 8.30 | 10.09 | -17.79 | 7.65 | 11.74 | -34.84 |
Arvind Fashions - Quaterly Results
Publish Date: 14/11/2022
The sales for the September 2022 quarter moved up 27.48% to Rs. 1783.00 millions as compared to Rs. 1398.70 millions during the corresponding quarter last year.Handsome Net Profit growth of 94.96% reported above the corresponding previous quarter figure of Rs. 92.80 millions to Rs. 47.60 millions.OP of the company witnessed a marginal growth to 166.00 millions from 133.70 millions in the same quarter last year.
(Rs. in Million) |
| Quarter ended | Year to Date | Year ended | |||||||
| 202209 | 202109 | % Var | 202209 | 202109 | % Var | 202203 | 202103 | % Var | |
| Sales | 1783.00 | 1398.70 | 27.48 | 2942.50 | 2112.70 | 39.28 | 5140.10 | 2983.00 | 72.31 |
| Other Income | 22.50 | 20.40 | 10.29 | 41.50 | 46.70 | -11.13 | 94.40 | 147.40 | -35.96 |
| PBIDT | 166.00 | 133.70 | 24.16 | 244.10 | 213.20 | 14.49 | 393.10 | 350.10 | 12.28 |
| Interest | 34.80 | 41.70 | -16.55 | 63.00 | 71.00 | -11.27 | 123.60 | 314.30 | -60.67 |
| PBDT | 131.20 | 92.00 | 42.61 | 181.10 | 142.20 | 27.36 | 269.50 | -421.50 | -163.94 |
| Depreciation | 37.40 | 34.50 | 8.41 | 70.30 | 83.20 | -15.50 | 180.70 | 175.40 | 3.02 |
| PBT | 93.80 | 57.50 | 63.13 | 110.80 | 59.00 | 87.80 | 88.80 | -596.90 | -114.88 |
| TAX | 1.00 | 9.90 | -89.90 | 1.30 | 10.00 | -87.00 | 14.40 | -2.80 | -614.29 |
| Deferred Tax | 1.00 | 0.10 | 900.00 | 1.30 | 0.20 | 550.00 | 2.40 | -2.80 | -185.71 |
| PAT | 92.80 | 47.60 | 94.96 | 109.50 | 49.00 | 123.47 | 74.40 | -594.10 | -112.52 |
| Equity | 531.00 | 529.20 | 0.34 | 531.00 | 529.20 | 0.34 | 529.70 | 424.30 | 24.84 |
| PBIDTM(%) | 9.31 | 9.56 | -2.60 | 8.30 | 10.09 | -17.79 | 7.65 | 11.74 | -34.84 |
Arvind Fashions - Quaterly Results
Publish Date: 14/02/2023
Net sales declined -7.46% to Rs. 1812.20 million from Rs. 1958.30 millions.A big loss of -75.23% reported for the quarter ended December 2022 to Rs. 13.40 millions from Rs. 54.10 millions.Operating Profit reported a sharp decline to 100.60 millions from 137.20 millions in the corresponding previous quarter.
(Rs. in Million) |
| Quarter ended | Year to Date | Year ended | |||||||
| 202212 | 202112 | % Var | 202212 | 202112 | % Var | 202203 | 202103 | % Var | |
| Sales | 1812.20 | 1958.30 | -7.46 | 4754.70 | 4071.00 | 16.79 | 5140.10 | 2983.00 | 72.31 |
| Other Income | 33.30 | 24.20 | 37.60 | 74.80 | 70.90 | 5.50 | 94.40 | 147.40 | -35.96 |
| PBIDT | 100.60 | 137.20 | -26.68 | 344.70 | 350.40 | -1.63 | 393.10 | 350.10 | 12.28 |
| Interest | 44.40 | 33.70 | 31.75 | 107.40 | 104.70 | 2.58 | 123.60 | 314.30 | -60.67 |
| PBDT | 56.20 | 103.50 | -45.70 | 237.30 | 245.70 | -3.42 | 269.50 | -421.50 | -163.94 |
| Depreciation | 42.20 | 38.10 | 10.76 | 112.50 | 121.30 | -7.25 | 180.70 | 175.40 | 3.02 |
| PBT | 14.00 | 65.40 | -78.59 | 124.80 | 124.40 | 0.32 | 88.80 | -596.90 | -114.88 |
| TAX | 0.60 | 11.30 | -94.69 | 1.90 | 21.30 | -91.08 | 14.40 | -2.80 | -614.29 |
| Deferred Tax | 0.60 | 0.10 | 500.00 | 1.90 | 0.30 | 533.33 | 2.40 | -2.80 | -185.71 |
| PAT | 13.40 | 54.10 | -75.23 | 122.90 | 103.10 | 19.20 | 74.40 | -594.10 | -112.52 |
| Equity | 531.20 | 529.60 | 0.30 | 531.20 | 529.60 | 0.30 | 529.70 | 424.30 | 24.84 |
| PBIDTM(%) | 5.55 | 7.01 | -20.76 | 7.25 | 8.61 | -15.77 | 7.65 | 11.74 | -34.84 |
Arvind Fashions - Quaterly Results
Publish Date: 14/02/2023
A decrease in the sales to Rs. 1812.20 millions was observed for the quarter ended December 2022. The sales stood at Rs. 1958.30 millions during the similar quarter previous year.The company suffered a huge decline of -75.23% to Rs. 13.40 millions from Rs. 54.10 millions of corresponding previous quarter.The Operating Profit of the company witnessed a decrease to 100.60 millions from 137.20 millions.
(Rs. in Million) |
| Quarter ended | Year to Date | Year ended | |||||||
| 202212 | 202112 | % Var | 202212 | 202112 | % Var | 202203 | 202103 | % Var | |
| Sales | 1812.20 | 1958.30 | -7.46 | 4754.70 | 4071.00 | 16.79 | 5140.10 | 2983.00 | 72.31 |
| Other Income | 33.30 | 24.20 | 37.60 | 74.80 | 70.90 | 5.50 | 94.40 | 147.40 | -35.96 |
| PBIDT | 100.60 | 137.20 | -26.68 | 344.70 | 350.40 | -1.63 | 393.10 | 350.10 | 12.28 |
| Interest | 44.40 | 33.70 | 31.75 | 107.40 | 104.70 | 2.58 | 123.60 | 314.30 | -60.67 |
| PBDT | 56.20 | 103.50 | -45.70 | 237.30 | 245.70 | -3.42 | 269.50 | -421.50 | -163.94 |
| Depreciation | 42.20 | 38.10 | 10.76 | 112.50 | 121.30 | -7.25 | 180.70 | 175.40 | 3.02 |
| PBT | 14.00 | 65.40 | -78.59 | 124.80 | 124.40 | 0.32 | 88.80 | -596.90 | -114.88 |
| TAX | 0.60 | 11.30 | -94.69 | 1.90 | 21.30 | -91.08 | 14.40 | -2.80 | -614.29 |
| Deferred Tax | 0.60 | 0.10 | 500.00 | 1.90 | 0.30 | 533.33 | 2.40 | -2.80 | -185.71 |
| PAT | 13.40 | 54.10 | -75.23 | 122.90 | 103.10 | 19.20 | 74.40 | -594.10 | -112.52 |
| Equity | 531.20 | 529.60 | 0.30 | 531.20 | 529.60 | 0.30 | 529.70 | 424.30 | 24.84 |
| PBIDTM(%) | 5.55 | 7.01 | -20.76 | 7.25 | 8.61 | -15.77 | 7.65 | 11.74 | -34.84 |
Arvind Fashions - Quaterly Results
Publish Date: 14/02/2023
A decrease in the sales to Rs. 1812.20 millions was observed for the quarter ended December 2022. The sales stood at Rs. 1958.30 millions during the similar quarter previous year.The company suffered a huge decline of -75.23% to Rs. 13.40 millions from Rs. 54.10 millions of corresponding previous quarter.The Operating Profit of the company witnessed a decrease to 100.60 millions from 137.20 millions.
(Rs. in Million) |
| Quarter ended | Year to Date | Year ended | |||||||
| 202212 | 202112 | % Var | 202212 | 202112 | % Var | 202203 | 202103 | % Var | |
| Sales | 1812.20 | 1958.30 | -7.46 | 4754.70 | 4071.00 | 16.79 | 5140.10 | 2983.00 | 72.31 |
| Other Income | 33.30 | 24.20 | 37.60 | 74.80 | 70.90 | 5.50 | 94.40 | 147.40 | -35.96 |
| PBIDT | 100.60 | 137.20 | -26.68 | 344.70 | 350.40 | -1.63 | 393.10 | 350.10 | 12.28 |
| Interest | 44.40 | 33.70 | 31.75 | 107.40 | 104.70 | 2.58 | 123.60 | 314.30 | -60.67 |
| PBDT | 56.20 | 103.50 | -45.70 | 237.30 | 245.70 | -3.42 | 269.50 | -421.50 | -163.94 |
| Depreciation | 42.20 | 38.10 | 10.76 | 112.50 | 121.30 | -7.25 | 180.70 | 175.40 | 3.02 |
| PBT | 14.00 | 65.40 | -78.59 | 124.80 | 124.40 | 0.32 | 88.80 | -596.90 | -114.88 |
| TAX | 0.60 | 11.30 | -94.69 | 1.90 | 21.30 | -91.08 | 14.40 | -2.80 | -614.29 |
| Deferred Tax | 0.60 | 0.10 | 500.00 | 1.90 | 0.30 | 533.33 | 2.40 | -2.80 | -185.71 |
| PAT | 13.40 | 54.10 | -75.23 | 122.90 | 103.10 | 19.20 | 74.40 | -594.10 | -112.52 |
| Equity | 531.20 | 529.60 | 0.30 | 531.20 | 529.60 | 0.30 | 529.70 | 424.30 | 24.84 |
| PBIDTM(%) | 5.55 | 7.01 | -20.76 | 7.25 | 8.61 | -15.77 | 7.65 | 11.74 | -34.84 |
Arvind Fashions informs about allotment under ESOP
Publish Date: 20/09/2022
Arvind Fashions has informed that the Company has allotted 35,000 Equity Shares of Rs 4 each under AFL Employee Stock Option Scheme 2016 (ESOS 2016) to the employees on September 20, 2022, pursuant to exercise of stock options granted to them.
The above information is a part of company’s filings submitted to BSE.
Arvind Fashions informs about outcome of AGM
Publish Date: 28/09/2022
Arvind Fashions has informed that it enclosed the Voting results of the business transacted at the Annual General Meeting of the Company held on Monday, 26th September 2022 at 02:00 pm through Video Conferencing (VC)/ Other Audio Video Means (OAVM) in the prescribed format along with the Scrutinizer's Report.
The above information is a part of company’s filings submitted to BSE.
Arvind Fashions informs about loss of share certificate
Publish Date: 14/12/2022
Arvind Fashions has informed regarding loss of share certificates received from Link Intime India, Registrar and Transfer Agent of the Company.
The above information is a part of company’s filings submitted to BSE.
Arvind Fashions informs about trading window closure
Publish Date: 23/12/2022
Arvind Fashions has informed that the Closure of Trading Window for dealing in securities of the Company for all ‘Designated Persons/insiders’ and their immediate relatives, shall commence from Sunday, 01st January, 2023 keeping in view approval of Financial Results for the quarter and nine months ended 31st December, 2022. Further the Closure of Trading Window will continue up to 48 hours after the date of approval of the aforesaid financial results by the Board of Directors of the Company. The Date of Board meeting for approval of financial results of the Company for the quarter and nine months ended 31st December, 2022 will be intimated in due course.
The above information is a part of company’s filings submitted to BSE.
Arvind Fashions informs about outcome of board meeting
Publish Date: 05/01/2023
Pursuant to Regulations 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Arvind Fashions has informed that the Board of Directors of the company in its meeting held today 5th January 2023 has: Noted the resignation of Piyush Gupta from the post of Chief Financial officer of the Company due to personal and family health reasons effective from close of business hours on January 5, 2023 and Approved the appointment of Girdhar Kumar Chitlangia, as the Chief Financial officer of the Company with effect from 6th January 2023, based on the recommendation of the Nomination and Remuneration Committee of the Company. Relevant details pursuant to Regulation 30 of the Listing Regulations in relation to the change in key managerial personal is enclosed as Annexure - 1. The meeting of the Board of Directors commenced at 10:15 am and concluded at 10:35 am.
The above information is a part of company’s filings submitted to BSE.
Board Meeting
Publish Date: 14/02/2023
Quarterly Results
Board Meeting
Publish Date: 10/08/2022
Quarterly Results
Board Meeting
Publish Date: 27/05/2022
Audited Results
Board Meeting
Publish Date: 11/02/2022
Quarterly Results
Board Meeting
Publish Date: 13/11/2021
Quarterly Results
Board Meeting
Publish Date: 21/08/2021
Preferential Issue of shares
Board Meeting
Publish Date: 06/08/2021
Quarterly Results
Board Meeting
Publish Date: 03/06/2021
Audited Results & Preferential Issue of shares Inter-alia, consider the proposal of raising of funds by way of further issue of securities (including convertible or non-convertible) through preferential issue and/or Qualified Institutions Placement (QIP) or any equivalent capital raising method permitted by applicable laws or any combination thereof and subject to approval of the shareholders.
Board Meeting
Publish Date: 07/04/2021
Inter alia, to consider the proposal of making of First and Final Call on 1,48,01,776 partly paid equity shares of face value of Rs.4 each (Rs.2 paid up) issued by the Company on a rights basis pursuant to Letter of Offer dated February 19, 2021 and other matters connected therewith.
Rights Announcement
Publish Date: 23/03/2021
Rights Issue inter alia, to consider and approve Inter alia, various matters relating to the Rights Issue including terms and conditions such as the Issue Price and Record Date for the proposed Rights Issue of the Company and other matters incidental or connected therewith.
Ex Rights
Publish Date: 23/02/2021
Right Issue of Equity Shares
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