7NR Retail Ltd’s Rs. 16.33 crores Rights Issue to open on September 6
Rights Issue priced at Rs. 1.4 per share – 16.5% discount to share price on 2 Sep; Rights Issue opens on September 6 and closes on September 20
Ahmedabad, September 3: Makers of a leading Kids wear Brand ‘Gini & Jony’, Ahmedabad-based 7NR Retail Ltd, engaged in the business of trading of fabrics and apparel in the wholesale and retail segment, is scheduled to open its Rs. 16.33 crore rights issue on September 6, 2022. The funds raised through the issue will be utilised to meet the working capital requirements required to fund the company's expansion plans, meeting working capital requirements and for general corporate purposes. The Right issue is offered at a price of Rs. 1.4 per share - 16.5% discount to share price of Rs. 1.68 per share on September 2 on BSE. Rights Issue closes on S...
