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Orient Green Power Company has approved the following terms of rights issue:
1) Instrument: Fully paid-up Equity Shares of face value of Rs 10/- each.
2) Total number of Equity Shares and Rights Issue size: 23,00,00,000#
Equity Shares of face value of Rs 10 each, for an aggregate amount not exceeding Rs 230 crore; #Assuming full subscription. Subject to finalisation of the Basis of Allotment.
3) Rights Issue Price: Rs 10 (Including a premium of NIL) per Rights Equity Share.
Rights Issue Period:
(a) Rights Issue Opening Date: Monday, 28 August 2023; and
(b) Rights Issue Closing Date: Friday, 15 September 2023
Rights entitlement ratio: Upto nineteen (19) Rights Equity Shares for every sixty-two (62) fully paid-up Equity Share(s) held on the Record Date held by the Eligible Shareholders as on the Record Date.
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