By Debdeep Gupta | 01 Oct, 2024
Vipul Organics stock zooms 13% to lifetime high on announcing 1:3 rights issue
Vipul Organics shares surged 13 percent to a fresh lifetime high in trade on October 1, after its board announced a rights issue.The issue offers investors one share for every three held as of the record date at Rs 54 per share. The record date for the rights issue is expected to be announced later, said the company. This comes at a 79 percent discount as against the closing price of the previou...
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