Aruna Hotels Limited Rights Issue FAQ's

₹24.90 Crores | Listing at BSE | Wed, Sep 29, 2021 - Wed, Oct 13, 2021

Aruna Hotels Limited Rights Issue Date 2026 & Price FAQs

The timetable for Aruna Hotels Limited Rights Issue is as follows:

Last Date for credit of Rights EntitlementsFri, Sep 24, 2021
Last Date for renunciation of Rights EntitlementsFri, Oct 8, 2021
Issue Opening DateWed, Sep 29, 2021
Issue Closing DateWed, Oct 13, 2021
Date of Allotment (on or about)Thu, Oct 21, 2021
Date of Credit (on or about)Fri, Oct 22, 2021
Date of Listing (on or about)Tue, Oct 26, 2021

Aruna Hotels Limited Rights Issue price is set at ₹10 per share. The Aruna Hotels Limited Rights Issue opens on Wed, Sep 29, 2021, and closes on Wed, Oct 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 2021-10-26T00:00:00.000Z.

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

Objects of the Issue:

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 predict the exact listing price of Aruna Hotels 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 Aruna Hotels Limited which could help you with questions like whether to subscribe or not. Consider reading Aruna Hotels Limited reviews and analysis from experts posted on the Rights Issue detail page.