SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bhandari Hosiery Exports informs about outcome of right issue committee meeting

12 Jun 2024 Evaluate
Pursuant to Regulation 30 and other applicable provisions of SEBI LODR Regulations 2015, Bhandari Hosiery Exports has informed that the Right Issue Committee of the Company in its meeting held on 12th June, 2024 have transacted the following businesses: The Right Issue Committee recorded the in-principle approval received from NSE and BSE for the proposed Right Issue of fully paid Equity Shares aggregating up to Rs. 48 Cr; The Committee approved issue of 7,66,11,591 Equity Shares of Face Value of Rs 1 each at an issue price of Rs 6.26 per equity share (including premium of Rs 5.26 per Equity Share) for an amount aggregating up to Rs 47.96 Cr to all existing equity shareholders of the company on right basis in the ratio of 15 shares for every 32 shares held in the company; Wednesday, 19th June, 2024 as the record date for the purpose of determining the eligible shareholders to apply for the equity shares in the right issue; and Final Letter of Offer and other Relevant documents in this regard.

The above information is a part of company’s filings submitted to BSE.

Bhandari Hosiery Exp Share Price

3.29 0.06 (1.86%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Welspun Living 125.45
Vardhman Textiles 557.75
Arvind 387.20
K.P.R. Mill 926.40
Page Industries 37935.70
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:

×