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Cochin International Airport Limited
RIGHT ISSUE OF 9,56,43,687 EQUITY SHARES
|Record Date||22nd February 2023 (Wednesday)|
|Issue Opens on||01st March 2023 (Wednesday)|
|Issue Closes on||30th March 2023 (Thursday)|
|Book Closure Period||22nd February 2023 to 24th February 2023 (both days inclusive)|
The Board of Directors of Cochin International Airport Limited at its meeting held on 14th February 2023 decided to offer 9,56,43,687 equity shares of Rs.10/- each for cash at a premium of Rs.40/- per share (i.e. issue price Rs.50/- per share) to the existing shareholders of the company in the ratio 1:4 (i.e. one new Equity Share for every four fully paid-up Equity Shares held) as on the Record Date i.e. 22.02.2023, on rights basis for an amount aggregating to Rs. 478,21,84,350/-("Rights Issue").