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Mumbai, Oct 15 (PTI) Cool Caps Industries looks to raise around Rs 279.97 crore through its rights issue which closes for subscription on October 24, according to a statement. The company has fixed the price at Rs 70 per share for the rights issue, offering existing shareholders an opportunity to increase their equity in the company, Cool Caps said in a statement. The rights issue opened on September 30. Applicants will have to pay Rs 17.5 per share at the time of application and the remaining ...Read More >
SEBI said SSSL diverted crores raised through a rights issue and created fictitious accounts New Delhi: The Securities and Exchange Board of India (SEBI) has barred Seacoast Shipping Services Limited (SSSL) and its key officials from raising funds from investors for five years, after finding the company guilty of diverting rights issue proceeds, fabricating accounts, and misleading shareholders with false disclosures. The order also imposes penalties and directs disgorgement of unlawful gains ...Read More >
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