Vivid Mercantile Ltd. Announces Rights Issue of Equity Shares
Vivid Mercantile Limited announced on March 26, 2026, that its Board of Directors approved a rights issue to raise funds. The meeting of the Board of Directors commenced at 4:00 P.M. and concluded at 5:15 P.M.The company plans to issue up to 5,01,28,200 fully paid-up equity shares of a face value of ₹ 1/- each, at an issue price of ₹ 5/- per share. The total amount to be raised aggregates up to ₹ 2506.41 Lakhs.Details of the rights issue are outlined below:ParticularsDetailsType of SecuritiesFully Paid-up Equity shares of face value of ₹ 1/- eachType of IssuanceRights Issue of Fully Paid-Up Equity SharesTotal Number of SecuritiesUp to 5,01,28,200 Equity Shares...