EIH Ltd - 500840 - Announcement under Regulation 30 (LODR)-Allotment
Dear Sir / Madam This is further to the meeting of the Board of Directors of the Company held on Monday, September 7, 2020 and the meeting of the Rights Issue Committee of the Company held on , approving the offer and issue of equity shares of the Company ('Rights Equity Shares') by way of a rights issue to eligible shareholders of the Company as on the record date for an amount not exceeding ? 350 crore in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended and other applicable laws. ("Rights Issue"), as well as various terms of the Rights Issue. In relation to the aforesaid Rights Issue and pursuant to the finalisation of the basis of allotment of the Rights Issue in consultation with the designated stock exchange, BSE Limited, the Committee, at its meeting held today, i.e., 20th October 2020, inter alia, considered and approved the allotment of 53,794,768 Rights Equity Shares20-10-2020