Ashapuri Gold Ornament Ltd's Rs. 48.75 crores Rights opens on May 8, 2024
May 06, 2024
Ahmedabad (Gujarat) [India], May 6: Ashapuri Gold Ornament Ltd (BSE - AGOL - 542579) - one of the prominent manufacturers and wholesalers of gold jewellery is scheduled to open its Rs 48.75 crore rights issue on May 08, 2024. The funds raised through the issue will be utilised to meet the working capital requirements to fund the company's expansion plans, enter new geographies and for general corporate purposes. Right issues of the company are offered at a price of Rs. 5.85 per share - a 57.45% discount to the closing share price on 3rd May 2024. Rights Issue closes on 27th May 2024.