ALPHA TRIBE

Viceroy Hotels LimitedImportant, 31-12-2024: Disclosure of material issue

31-12-2024 | 06:46 pm

The Rights Issue Committee has finalized the allotment of 44,21,053 fully paid equity shares at an issue price of ₹112.00 per share to eligible allottees. This decision follows the approval from BSE Limited as the designated Stock Exchange. The successful completion of this rights issue indicates a strategic move to bolster the company's capital structure, which could enhance its financial flexibility and support future growth initiatives. Investors may view this as a positive outlook, reflecting management’s commitment to strengthening the business.

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