Right Issue Status: Closed [12th Sep 2022 to 27th Sep 2022]
Coastal Corporation Right Issue of Rs 43.42 Cr opens for subscription from Sept 12 to Sept 27, 2022. The company issues 1 right equity shares for every 6 fully paid-up equity share held on the record date, Aug 26 2022. The face value of a share is Rs. 10 per share and the right issue price is fixed at Rs. 225 per share. The amount of Rs 56 is paid at the time of application and rest at the time of future calls when board decides. Stay updated with us to know more about the Coastal Corporation Right Issue Details 2022 including issue size, right issue entitlement, terms of payment, and more.
|Coastal Corporation Issue Details||Values|
|Right Issue Issue Size (Shares)||1,929,800 Eq Shares|
|Right Issue Issue Size (Amount)||₹43.42 Cr|
|Face Value||₹10 Per Equity Share|
|Right Issue - Issue Price||₹225 per share|
|Right Issue Record Date||26th Aug 2022|
|Right Issue Entitlement||1 Rights Equity Share for every 6 Equity Shares held on the Record Date|
|Right Issue Terms of payment||The amount of ₹56.25 per share has to be paid at the time of Application and the balance is to be paid in two calls as determined by the board|
In this section we have covered all important dates related to Coastal Corporation Right Issue. Dates are updated as they are announced. The most noted dates are Right Issue start date and Right Issue end date, which one should use to participate in Right Issue.
|Right Issue Activity||Date|
|Right Issue Issue Open Date||12th Sep 2022|
|Right Issue Issue Close Date||27th Sep 2022|
|Basis of Allotment Finalisation Date*||4th Oct 2022|
|Refunds Initiation*||6th Oct 2022|
|Credit of Shares to Demat Account*||11th Oct 2022|
|Right Issue Listing Date*||14th Oct 2022|
* - Tentative Dates
Coastal Corporation offers premium seafood which are produced strictly under the guidelines of sustainable harvesting and production processes. The key product line of the company consists of sea caught and aquaculture shrimps, value added and processed, raw or cooked in frozen blocks or IQF forms. It produces high quality, safe and hygenic seafood. It adheres to the HAACP, BRC & BAP quality standards.
The company has two plants with hygiene, cleanliness and meticulous maintenance of machines and equipment. The plants have a capacity of 47.5 metric tonnes and 25 metric tonnes per day each.
Past performance and financial results of Coastal Corporation.
|Coastal Corporation Limited Financials (₹ in Cr)||31-Mar-2022||31-Mar-2021|
Coastal Corporation Right Issue Offer Document (Letter of Offer) >>Document
Coastal Corporation Right Issue Online Application (Registrar & Transfer Agent) >>Coastal Corporation Right Issue RTA information is not yet available.
Last Updated on 2022-09-09T11:34:44+00:00
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