23 Nov 07 Khaitan Weaving Rights Issue Record Date fixed
Khaitan Weaving Mills has informed the stock exchanges that the board of Khaitan Weaving has fixed the record date for the rights issue. Khaitan Weaving Rights Issue Record Date has been fixed as December 14, 2007. Shareholders of Khaitan Weaving Mills Limited who hold the shares as on the record date will be eligible for the rights issue in the ratio of 6:1 (6 rights for every 1 share held).ÂÂ
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please give the calculation for me .khaitan right issue is profit or not and how please give me the information.
This is regarding the recent new published…Khaitan Weaving Rights Issue Record Date fixed Dec 14, 2007
My Questions are
1) If i purchase today i.e Dec 14,2007 is i’m eligible for this right ratio 6:1.
2) What 6:1 actually means – will they give 1 share for 6 shares held or vice versa?
Kindly Please Help….
News is below
Khaitan Weaving Mills has informed the stock exchanges that the board of Khaitan Weaving has fixed the record date for the rights issue. Khaitan Weaving Rights Issue Record Date has been fixed as December 14, 2007. Shareholders of Khaitan Weaving Mills Limited who hold the shares as on the record date will be eligible for the rights issue in the ratio of 6:1 (6 rights for every 1 share held).