Som Distilleries and Breweries conducted an ex-rights share placement today (April 13). Som Distilleries, which is engaged in the production of beer and the blending and bottling of Made in India Foreign Liquor (IMFL), has announced a rights issue at 10:211 at Rs 140 per share (inclusive of a premium of Rs 135 per share) for an aggregate amount of up to Rs 4,894.33 lakh, with rights Based on the payment to all existing equity shareholders of the company.

Som Distilleries’ filing said, “The issue price of 34,95,952 equity shares of the face value of Rs 5 each at an issue price of Rs 140 per equity share (including premium of Rs 135 per Equity Share) for an aggregating up to Rs 4,894.33 lakh on a rights basis (“Rights Issue”) to all the existing equity shareholders of the company.

“Friday, April 14, 2023, as the date of record for the determination of the names of shareholders of the company who are eligible to apply for equity interests in the company’s rights issue,” the company’s filing said.

“As of the record date, the rights of eligible shareholders shall be credited to their respective demat accounts under the said ISIN before the issue date,” the filing further stated.