The Luharuka Media and Infra Rights Issue 2024 is an exciting opportunity for investors looking to participate in a financial rights issue. This article provides a comprehensive overview of the upcoming rights issue, including key dates, pricing details, entitlement ratios, and application procedures.

Overview of Luharuka Media and Infra Rights Issue 2024

The Luharuka Media and Infra Rights Issue 2024 is scheduled to open on August 14 and close on August 28, 2024. This rights issue allows existing shareholders to purchase additional equity shares at a fixed price. The record date for determining eligibility is August 2, 2024.

Luharuka Media and Infra Limited, part of the Comfort Group, has been a key player in the financial services sector. This rights issue is part of their strategy to raise funds for expansion and other corporate activities.

Important Dates and Timelines

Here is a detailed timetable for the Luharuka Media and Infra Rights Issue 2024:

These dates are crucial for investors to keep track of, ensuring they do not miss any important deadlines.

Offer Details

The Luharuka Media and Infra Rights Issue 2024 offers a substantial number of shares at an attractive price. Below are the key details:

The entitlement ratio of 1:1 means that for every share held as of the record date, investors can buy one additional share. This is an excellent opportunity for existing shareholders to increase their stake in the company at a favourable price.

How to Apply

Applying for the Luharuka Media and Infra Rights Issue 2024 is straightforward. There are two main methods to participate:

1. Net Banking (ASBA):

• Use your net banking account to apply through the ASBA (Applications Supported by Blocked Amount) facility.
• Ensure your bank account has sufficient funds to cover the application.

1. Registrar’s Website (R-WAP Facility):

• Apply through the registrar’s website using the R-WAP (Rights Issue Web Application Platform) facility.
• Follow the instructions provided on the website to complete your application.

You can also download and submit the offline form if you prefer not to apply online.

Financial Performance

Here’s a snapshot of Luharuka Media and Infra’s recent financial performance:

Despite fluctuations in revenue and expenses, the company has maintained positive profit after tax (PAT), reflecting its operational stability and growth potential.

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Allotment Status

The allotment status for the Luharuka Media and Infra Rights Issue 2024 will be updated soon. Shareholders can check the status on the company’s website or through the registrar’s platform once the allotment process is completed.

Lead Managers

The details of the lead managers for the Luharuka Media and Infra Rights Issue 2024 will be updated shortly. These professionals manage the rights issue process and ensure that everything runs smoothly.

Company Information

Luharuka Media and Infra Limited is part of the Comfort Group, which was established by Mr. Anil Agrawal in 1994. The Comfort Group is a major player in financial services, providing a range of products and services through platforms like BSE, NSE, and MCX.

• Company Address:
  Luharuka Media and Infra Ltd.
  A-301, Hetal Arch, Opp Natraj Market, S. V. Road,
  Malad (West), Mumbai – 400 064
  Phone: +91 022 6894 8508
  Email: info@luharukamediainfra.com
  Website: luharukamediainfra.com

In conclusion, the Luharuka Media and Infra Rights Issue 2024 presents a valuable opportunity for investors to acquire shares at an attractive price. Be sure to mark the important dates and follow the application procedures to participate in this rights issue.

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