18 Apr 07 Dic India Limited goes for a rights issue
Dic India Limited has informed the Indian stock exchanges that the Board has approved a rights issue of up to 22,95,179 equity shares of Dic India Limited in the ratio of 1:3 (one rights share for every three shares held) within the price band of Rs.210 – Rs.230 per share, which includes a premium of Rs.200-220 per share, to the existing shareholders of  Dic India Limited whose names appear on the register of shareholders or on the list of Depositories as beneficial owners at the end of business hours on the record date which would be fixed and announced at a later date, by the Board of directors for the right issue. The rights issue is subject to the approval of the shareholders of Dic India Limited in the ensuing AGM.
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