Chemplast Sanmar (Delisted) share news and announcements
BSE: 506355Chemicals & Petrochemicals
Formerly CHEMICALS AND PLASTICS (I)
Last traded ₹14.85 on 15 Jun 2012
Delisted on 25 Jun 2012. The company's shares trade as Chemplast Sanmar (CHEMPLASTS).
Chemplast Sanmar record dates, bonuses and splits
2 filed, newest first.
Mar 2009
12 Mar · Corporate action
Chemplast Sanmar Ltd. has informed the Exchange that March 24, 2009 is fixed as the Record Date for the purpose of Rights Issue. Further, the company has submitted to the Exchange a brief synopsis of the Rights Issue which is as follows: (1) Issue Size and Ratio: Issue of 31,98,79,627 Equity Shares of Re.1/- each for cash at a premium of Rs.4/-, at a price of Rs.5/- per share for an amount aggregating Rs.159,93,98,135/- to its Equity Shareholders in the ratio of 2 Equity Shares for every 3 existing Equity Shares held by the shareholders on the Record Date. (2) Fractional Entitlement: If the shareholding of any of the Equity Shareholders is less than 3 Equity Shares, such shareholders will have zero entitlement. If the shareholding is not in multiples of 3, fractional entitlement of such shareholders shall be ignored. Shareholders having less than three shares or whose fractional entitlements are being ignored would be given preference in allotment of one additional share each if they apply for additional shares. A Composite Application Form (CAF) with zero entitlement will be dispatched to those Equity Shareholders who have holdings of less than 3 Equity Shares and therefore entitled to no Equity Shares under this Issue. Such Equity Shareholders will be entitled to apply for additional Equity shares. However, they cannot renounce this right in favour of third parties. Thus the CAF with zero entitlement will be non negotiable/non renounciable.
Feb 2009
23 Feb · Corporate action
Chemplast Sanmar Ltd. has informed the Exchange vide its letter dated February 23, 2009 that "The Committee of the Board of Directors of the Company at their meeting held today approved the issue of equity shares on rights basis in the ratio of 2 equity shares of Re.1 each for every 3 existing fully paid equity shares of Re.1 each held, on the record date to be fixed, at an issue price of Rs.5 per share. The total number of equity shares that will be issued on rights basis will be 31,98,79,627 equity shares of Re.1 each and the total issue proceeds would be Rs.159.94 crores. The record date will be fixed in accordance with the Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000."