SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

EIH gets nod to raise up to Rs 350 crore through Right Issue

18 Sep 2020 Evaluate

EIH has received approval from rights issue committee to raise up to Rs 350 crore. The committee in its meeting held on September 17, 2020 approved the issue of 5,37,94,768 equity shares of face value Rs 2 each aggregating nearly Rs 350 crore on full subscription. The rights issue price has been fixed at Rs 65 per equity share, including a premium of Rs 63 per equity share over face value of Rs 2 per share.

The rights entitlement ratio has been fixed at eight equity shares for every 85 equity shares held by eligible equity shareholders of the company as on the record date, which has been fixed as September 23, 2020.

EIH is engaged in the business of operating and managing luxury hotels, restaurants, management contracts and travel and tours.

EIH Share Price

331.90 9.90 (3.07%)
22-Jun-2026 14:46 View Price Chart
Peers
Company Name CMP
Indian Hotel 734.90
ITC Hotels 178.65
EIH 331.90
Chalet Hotels 826.00
Mahindra Holi.&Resor 243.00
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: