04 Dec 07 Record date for Nandan Exim Rights Issue fixed

Nandan Exim Limited has informed the stock exchanges that the record date for the rights issue has been fixed. Nandan Exim Rights Issue record date has been fixed as Wednesday, December 19, 2007. The Nandan Exim Right Issue Ratio has been fixed at 1:2 (1 rights for every 2 shares held). It is recommended that investors participate in the rights issue so that their stake does not get diluted after the rights issue is over. Shareholders can also renounce their rights for a cash consideration.

Nandan Exim rights issue

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