Alan Scott Industriess Rights Issue 2023 FAQ's

₹5.48 Crores | Listing at BSE | Fri, Jun 30, 2023 - Thu, Jul 13, 2023

Alan Scott Industriess Limited Rights Issue Date 2026 & Price FAQs

The timetable for Alan Scott Industriess Limited Rights Issue is as follows:

Last Date for credit of Rights EntitlementsThu, Jun 22, 2023
Last Date for renunciation of Rights EntitlementsFri, Jul 7, 2023
Issue Opening DateFri, Jun 30, 2023
Issue Closing DateThu, Jul 13, 2023
Date of Allotment (on or about)Thu, Jul 20, 2023
Date of Credit (on or about)Mon, Jul 24, 2023
Date of Listing (on or about)Mon, Jul 31, 2023

Alan Scott Industriess Rights Issue 2023 price is set at ₹30 per share. The Alan Scott Industriess Rights Issue 2023 opens on Fri, Jun 30, 2023, and closes on Thu, Jul 13, 2023, for the subscription.

The allotment of Alan Scott Industriess Rights Issue 2023 is expected to happen on or about July 20, 2023 as per the issue schedule.

Alan Scott Industriess Rights Issue 2023 is expected to list on or around July 31, 2023.

The credit of Alan Scott Industriess Rights Issue 2023 in Demat account is expected on or about July 24, 2023 as per the issue schedule.

Objects of the Issue:

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

  1. Repayment/ prepayment, in part or full, of certain borrowings,
  2. Investment payment of consideration towards the acquisition of additional equity shares of one of the subsidiaries Alan Scott Retail Limited.
  3. Investment payment of consideration towards the acquisition of additional equity shares of one of the subsidiaries Alan Scott Nanoveu India Limited, and
  4. General Corporate Purposes.

It is difficult to predict the exact listing price of Alan Scott Industriess Limited Rights Issue shares. The price depends on the demand and supply of the company's shares on the day of listing.

We do not provide Rights Issue recommendations. However, we share a lot of information about Alan Scott Industriess Limited which could help you with questions like whether to subscribe or not. Consider reading Alan Scott Industriess Limited reviews and analysis from experts posted on the Rights Issue detail page.