Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Garment Mantra announces rights issue after 1:1 bonus share
short by / on Thursday, 10 April, 2025
Garment Mantra Lifestyle Ltd's Board approved a Rights Issue to raise up to ₹50 crore. The rights issue ratio is 39:20 (record date: April 17, 2025), with ₹0.30 payable on application. The company shares had ex-bonus shares on September 3, 2024 (1:1 ratio). The stock is up by 20% from its 52-week low of ₹1.43 per share.