Advik Capital Rights Issue Details

( BSE Code: 539773 ) has approved the rights issue of 17.43 Cr Shares. The entitlement ratio is 19 rights equity share for every 5 fully paid-up equity shares held on the record date 11th Mar 2022. The face value is ₹1 and the issue price is ₹2.85. The rights issue opens for subscription from 21st Mar 2022 to 7th Apr 2022. Investors can use their REs to apply for rights shares or sell it on the exchange.