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Godrej Consumer Products Ltd has informed BSE that the Rights Issue Committee of the Board of Directors at its meeting held on March 04, 2008, has approved the following with respect to the issue of rights shares

- Rights Entitlement Ratio : 1:7 (one equity share of the face value of Re 1 each for every 7 equity shares of the face value Re 1 each held on Record Date).

- Rights Issue Price : Rs 123 per equity share of face value of Re 1 at a premium of Rs 122 per share

The entire amount of Rs 123 per share shall be payable on application.

Tags: Godrej Consumer

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