Thangamayil Jewellery Limited — Dividend/Bonus, 05-02-2025: Record Date

Thangamayil Jewellery Limited's Board has approved a rights issue of 36,42,857 equity shares, aggregating up to ₹510 crore, at a price of ₹1,400 per share. The record date for this issue is February 11, 2025, with subscriptions opening on February 21, 2025, and closing on March 4, 2025. Eligible shareholders can acquire 2 shares for every 15 held. Notably, those with fewer than 8 shares have zero rights entitlement but can apply for additional shares. This move aims to bolster capital structure and enhance liquidity. Post-issue, the total equity shares will increase to 3,10,82,021, assuming full subscription.