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EIH Ltd — Capital/Financing Update 2020
Oct 20, 2020
60730_rns_2020-10-20_cc900abc-60c0-4745-8f8e-bf322bcc949f.pdf
Capital/Financing Update
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CIN:L55101WB1949PLC017981
CORPORATE OFFICE: 7 SHAM NATH MARG, DELHI -110054, INDIA / TELEPHONE: +91-11-23890505/ WEBSITE: WWW.EIHLTD.COM
Date: 20[th] October 2020
| National Stock Exchange of India Limited Exchange Plaza, 5thFloor Plot No C/1, G Block Bandra Kurla Complex Bandra (East) Mumbai 400 051 Code:EIHOTEL |
BSE Limited Corporate Relationship Dept. 1stFloor, New Trading Ring Rotunda building Phiroze Jeejeebhoy Towers Dalal Street, Fort Mumbai 400 001 Code:500840 |
The Calcutta Stock Exchange Limited 7, Lyons Range Kolkata 700 001 Code:05 |
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Subject: Outcome of the meeting of the Rights Issue Committee of EIH Limited (“Company”) held on 20[th] October 2020
Dear Sir / Madam
This is further to the meeting of the Board of Directors of the Company held on Monday, September 7, 2020 and the meeting of the Rights Issue Committee of the Company held on , approving the offer and issue of equity shares of the Company (“ Rights Equity Shares ”) by way of a rights issue to eligible shareholders of the Company as on the record date for an amount not exceeding ₹ 350 crore in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended and other applicable laws. (" Rights Issue "), as well as various terms of the Rights Issue.
In relation to the aforesaid Rights Issue and pursuant to the finalisation of the basis of allotment of the Rights Issue in consultation with the designated stock exchange, BSE Limited, the Committee, at its meeting held today, i.e., 20[th] October 2020, inter alia , considered and approved the allotment of 53,794,768 Rights Equity Shares at a price of ₹ 65 per Rights Equity Share (including a premium of ₹ 63 per Rights Equity Share). (“ Allotment ”).
Accordingly, pursuant to the aforesaid Allotment, the paid-up equity share capital of the Company has increased to ₹ 1,25,07,28,364.
The above disclosure is made in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
Thanking you
Yours faithfully For EIH Limited
SRIDHAR Digitally signed by SRIDHAR S S NATESAN Date: 2020.10.20 NATESAN 11:54:11 +05'30' SN Sridhar Company Secretary
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