Seacoast Shipping Services’ Rights Issue: New shareholders can apply by acquiring Rights Entitlements
Ahmedabad: Seacoast Shipping Services Limited, a leading single-window logistics services provider headquartered in Ahmedabad, is providing an opportunity for both existing and non-existing shareholders to participate in the company’s growth by applying for shares in its ongoing Rights Issue.
The Rights Issue of 20,20,05,000 fully paid-up equity shares commenced on July 21 and will remain open for subscription until August 2. Shareholders holding shares in the company on the record date of July 13 are entitled to three rights shares for every five shares held by them. Eligible shareholders can subscribe to the shares at Rs. 2.40 per share, which includes a premium of Rs. 1.40 per share.
Rights Issues are primarily targeted at existing shareholders, allowing them to apply for additi...










