Franklin Industries Rights Issue 2024 Live News

Franklin Industries Ltd is coming up with Right Issue of the face value of ₹ 1 each, for an amount of ₹10.85 Crores ('Base Issue Size') with an option to retain oversubscription up to ₹38.83 Crores.

Incorporated in February 1983, Franklin Industries Limited is a company that trades in agricultural commodities, such as wheat, rice, maize, vegetables (including capsicum, tomato, etc.), fruits (including mango, watermelon, grapes, etc.), and other agricultural products. The company also provides contract manufacturing services for agricultural products such as cucumber, onion, and castor. We source these products from manufacturers by paying an advance payment or according to agreed terms, and then sell them to our network of distributors. Through our presence in the market, we have developed strong relationships with both farmers and the wholesaler/retailer community.

The issue opens on May 24, 2024 and closes for subscription on Jun 11, 2024. The shares of the company to be list at BSE.

The public issue of Franklin Industries Ltd opens on May 24, 2024 and closes for subscription on Jun 11, 2024.

The Franklin Industries Rights Issue 2024 are proposed to list at BSE.