Oriental Trimex Limited — Important, 26-11-2024: General Updates

The Rights Issue Committee of Oriental Trimex Limited has approved the allotment of 4,41,04,359 Rights Equity Shares at a price of ₹11 per share, which includes a share premium of ₹1. Following this allotment, the company's paid-up equity share capital will be ₹73.50 crore, comprised of 7,35,07,265 fully paid-up equity shares. This significant capital movement may enhance the company’s financial flexibility and support its strategic initiatives moving forward. Investors should monitor this development closely, as it could indicate the company's plans for growth and investment opportunities.