Compuage rights issue subscribed 0.84x on back of strong demand
New Delhi [India], November 30 (ANI/PNN): Compuage Infocomm Ltd. (BSE CODE: 532456, NSE CODE: COMPINFO), one of India's leading Value-Added Distributors that caters to system integrators, brand stores, enterprises, retailers and more, has offered right issue in the ratio of 8:25. The Company is offering Rights Issue of 2,07,92,258 equity shares of Rs 2 at price of Rs 20. Post issue, the diluted equity will be Rs 17.15 crore The Company will garner Rs 41.58 crore to be put to use for working capital of Rs 31.79 crore and general corporate purpose of Rs 9.00 crore. Renunciation of Rights Ent...
Source: laosnews.net