{"id":452204,"date":"2021-11-27T09:14:16","date_gmt":"2021-11-27T03:44:16","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=452204"},"modified":"2021-11-27T10:04:08","modified_gmt":"2021-11-27T04:34:08","slug":"texmaco-rail-engineering-rights-issue-oversubscribed-1-35-times","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/texmaco-rail-engineering-rights-issue-oversubscribed-1-35-times\/","title":{"rendered":"Texmaco Rail &amp; Engineering rights issue oversubscribed 1.35 times"},"content":{"rendered":"<p>Texmaco Rail and Engineering Ltd has said its rights issue for an amount of up to Rs 164.51 crore was oversubscribed by about 1.35 times. <\/p>\n<p>The Kolkata-headquartered company, in an exchange filing, said the rights issue closed for subscription at 5 pm on Thursday. <\/p>\n<p>In October, Texmaco Rail and Engineering had said its Capital Issue Committee approved issuing over 7.15 crore equity shares worth up to Rs 164.51 crore. <\/p>\n<p>The rights entitlement ratio was fixed at 2:7 &#8211; two equity shares for every seven equity shares held by shareholders, the company said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Texmaco Rail and Engineering Ltd has said its rights issue for an amount of up to Rs 164.51 crore was oversubscribed by about 1.35 times. The Kolkata-headquartered company, in an exchange filing, said the rights issue closed for subscription at 5 pm on Thursday. In October, Texmaco Rail and Engineering had said its Capital Issue Committee approved issuing over 7.15 crore equity shares worth up to Rs 164.51 crore. The rights entitlement ratio was fixed at 2:7 &#8211; two equity shares for every seven equity shares held by shareholders, the company said.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,256],"tags":[],"class_list":["post-452204","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-railways-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/452204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=452204"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/452204\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=452204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=452204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=452204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}