Vipul Organics Announces Rs 20.41 Crore Rights Issue At Rs 46 Per Share

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Vipul Organics on Wednesday announced plans to raise up to Rs 20.41 crore via rights issue.Source: Vipul Organics website

Specialty chemicals maker Vipul Organics on Wednesday announced plans to raise up to Rs 20.41 crore via rights issue. Shares will be allotted in the ratio of 1:3. The rights issue price has been fixed at Rs 46 per share, according to a regulatory filing.

The record date for the rights issue has been fixed on March 10 and will open on March 21, it added.

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