ALPHA TRIBE

Trans India House Impex LtdDividend/Bonus, 03-05-2025: Corp. Action

03-05-2025 | 07:42 pm

Trans India House Impex Limited has announced a board meeting outcome approving a rights issue to raise up to ₹49.38 Cr through issuing up to 3.55 crore fully paid-up equity shares at ₹13.90 per share (including a premium of ₹3.90). Shareholders will get 1 rights share for every share held as on the record date, with payment due in full on application. The issue opens on May 27, 2025, and closes on June 17, 2025, with renunciations allowed until June 11. The company has also approved the Letter of Offer to initiate the process. This capital raise is aimed at strengthening the company’s financial position and supporting growth plans.

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