12 Oct 07 DIC India Rights Issue : DIC Rights Issue price fixed

DIC India has fixed the price for the rights issue. The price for the DIC India Rights Issue has been fixed at Rs. 225 per share. The market price of DIC India is Rs.Ã‚Â 200 per share. It doesn’t make sense for investors to subscribe to the rights issue. They might as well purchase the shares from the secondary market. The rights issue seems to be a ploy adoptedÃ‚Â by the foreign promoters of DIC India to increase their stake in the company since they will subscribe to the unsubscribed portion in the rights issue.

SBI Rights Issue Record Date fixed

Record Date for UB Engineering Rights Issue fixed

Record date for Nandan Exim Rights Issue fixed

Federal Mogul Goetze (India) Limited Rights Issue Record date

Dic India Limited goes for a rights issue

Dhanalakshmi Bank Rights Issue proposed

Sadhana Nitrochem Rights Issue

Federal Bank rights issue price fixed

Bodal Chemicals Limited Rights Issue

Tata Steel Rights Issue Record Date Fixed

Gangotri Iron Rights Issue and Entegra Rights Issue

Century Extrusions Rights Issue Subscription Details