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Aruna Hotels Limited Rights Issue Detail
Issue Open September 29, 2021
Issue Close October 13, 2021
Issue Size (Shares) 2.49 Crores
Issue Size (Amount) ₹24.90 Crores
Issue Price ₹10 per Share
Listing At BSE

Aruna Hotels Limited Rights Issue Date & Price FAQs

Aruna Hotels Limited Rights Issue Timetable

Last Date for credit of Rights EntitlementsSeptember 24, 2021
Last Date for renunciation of Rights EntitlementsOctober 8, 2021
Issue Opening DateSeptember 29, 2021
Issue Closing DateOctober 13, 2021
Allotment DateOctober 21, 2021
Shares Credit DateOctober 22, 2021
Listing DateOctober 26, 2021

Aruna Hotels Limited Rights Issue price is set at ₹10 per Share. The Aruna Hotels Limited Rights Issue opens on September 29, 2021, and closes on October 13, 2021, for the subscription.

The allotment of Aruna Hotels Limited Rights Issue is expected to happen on or about October 21, 2021 as per the issue schedule.

Aruna Hotels Limited Rights Issue listing date is October 26, 2021.

The credit of Aruna Hotels Limited Rights Issue in Demat account is expected on or about October 22, 2021 as per the issue schedule.

The Proceeds from the Issue will be utilized towards funding of the following objects: 1. Part repayment or prepayment of unsecured loans availed by the Company from the Promoter Group; and 2. General corporate purposes.

It is difficult to say at what price Aruna Hotels Limited Rights Issue shares will list. The price depends on the demand and supply of company's shares on the day of listing.

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