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BSE SENSEX
74,188.25
-151.19
-0.20 %
Corporate Announcement
Security Code
532498
Company
Shriram City Union Finance Ltd
Exchange Received Time
13/05/2021 15:52:21
Exchange Disseminated Time
13/05/2021 15:52:29
Time Taken
00:00:08
Intimation About Subscription To Rights Issue |
5/13/2021 3:52:24 PM
The Company had on May 12, 2021 subscribed 4,44,44,445 number of equity shares of face value of Rs. 10 each priced at Rs. 45/- per share (including premium of Rs. 35/- per share) aggregating to Rs. 2,00,00,00,025 in Rights Issue offered by Shriram Housing Finance Limited (SHFL), subsidiary of the Company. After allotment of shares by SHFL in response to this subscription, the Company's holding in SHFL will be 81.16% of equity capital of SHFL.
This is an intimation under applicable regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015 as amended from time to time.
We request you to kindly take the above information on record.
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