Trans India House Impex Ltd — Updates, 03-05-2025: Company Update
03-05-2025 | 07:41 pm
03-05-2025 | 07:41 pm
Trans India House Impex Limited has announced a board meeting on May 3, 2025, where the Rights Issue Committee approved a rights issue of up to 3.55 crore fully paid-up equity shares at ₹13.90 each (including a ₹3.90 premium), raising up to ₹49.38 Cr. Shareholders will receive 1 rights share for every share held as per the record date of May 8, 2025. The issue opens on May 27, 2025, and closes on June 17, 2025, with a market renunciation deadline of June 11, 2025. The Letter of Offer will be dispatched to eligible shareholders shortly. This capital raise aims to strengthen the company’s financial position and support future growth.
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