Chettinad Cement to raise Rs 250 cr via rights issue

Chettinad Cement Corporation will meet on March 04 to allot rights issue of equity shares in the ratio of one share of Rs 10 each for every existing six equity shares of Rs 10 each worth Rs 250 crore.

MUMBAI: Chettinad Cement Corporation will meet on March 04 to allot rights issue of equity shares in the ratio of one share of Rs 10 each for every existing six equity shares of Rs 10 each worth Rs 250 crore. At 3 pm, Chettinad Cement was flat at Rs 435.15. It touched a high of Rs 440 and low of Rs 434 during the trade.
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