ARC Finance Rights Issue 2024 FAQ's

₹48.48 Crores | Listing at BSE | Mon, Oct 21, 2024 - Tue, Nov 19, 2024

Arc Finance Ltd Rights Issue Date 2026 & Price FAQs

The timetable for Arc Finance Ltd Rights Issue is as follows:

Last Date for credit of Rights EntitlementsMon, Oct 21, 2024
Last Date for renunciation of Rights EntitlementsTue, Nov 12, 2024
Issue Opening DateMon, Oct 21, 2024
Issue Closing DateTue, Nov 19, 2024
Date of Allotment (on or about)Thu, Nov 21, 2024
Date of Credit (on or about)Tue, Dec 3, 2024
Date of Listing (on or about)Tue, Dec 3, 2024

ARC Finance Rights Issue 2024 price is set at ₹1.2 per share. The ARC Finance Rights Issue 2024 opens on Mon, Oct 21, 2024, and closes on Tue, Nov 19, 2024, for the subscription.

The allotment of ARC Finance Rights Issue 2024 is expected to happen on or about November 21, 2024 as per the issue schedule.

ARC Finance Rights Issue 2024 listing date is 2024-12-05T00:00:00.000Z.

The credit of ARC Finance Rights Issue 2024 in Demat account is expected on or about December 3, 2024 as per the issue schedule.

Objects of the Issue:

The Company proposes to utilize the net proceeds from the issue towards funding the following objects:

  1. Repayment of unsecured loans availed by the Company;
  2. Augmentation of Capital Base of the Company; and
  3. General Corporate Purposes.

It is difficult to predict the exact listing price of Arc Finance Ltd 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 Arc Finance Ltd which could help you with questions like whether to subscribe or not. Consider reading Arc Finance Ltd reviews and analysis from experts posted on the Rights Issue detail page.