Mumbai: BIO Green Papers Limited (Company Code: 534535) has announced a rights issue of equity shares. This means existing shareholders can buy additional shares at a special price. The company will issue 67 equity shares of Rs 10 each, at a premium of Rs 42 per share.
Eligibility and Record Date
The record date for this rights issue is set for April 4, 2025. Shareholders holding shares as of this date will be eligible to participate. The rights issue will be on the basis of 67 new shares for every 83 existing shares held.
Ex-Rights Trading Information
Trading in BIO Green Papers shares will be on an ex-rights basis starting from April 4, 2025, under settlement number DR-605/2025-2026. This means shares bought after this date will not be eligible for the rights issue.
Payment Details
The issue price of Rs 52 per share (Rs 10 face value + Rs 42 premium) is payable at the time of application.
