Thursday, 10 July 2014

Indian Hotels Co finalises rights issue of compulsorily convertible debentures

Record Date for the issue of CCDs is 21 July 2014

Indian Hotels Co announced that the Rights Issue Committee - 2014, has on 09 July 2014, finalised the following terms and conditions of the compulsorily convertible debentures (CCDs) to be issued in the Rights Issue as set out below:
1. Record Date for the issue of CCDs: 21 July 2014.
2. Issue Schedule:
- Issue opening date: 04 August 2014;
- Issue closing date: 20 August 2014;
- Last date for receipt of the split application form: 11 August 2014.
The Issue period may be extended by the Committee subject to the Issue period not exceeding thirty calendar days.
3. Letter of Offer: The draft of the Letter of Offer to be filed with SEBI and the stock exchanges has been approved.
 

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