Ashapuri Gold Ornament Ltd's rights issue opens on May 8, 2024

Ashapuri Gold Ornament Ltd, a prominent gold jewellery manufacturer, is set to open its Rs. 48.75 crore rights issue on May 8, 2024. The issue, priced at Rs. 5.85 per share, represents a 57.45% discount to the closing share price on May 3, 2024. The funds raised will be used for working capital, expansion, and other corporate purposes.