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Aruna Hotels Limited Rights Issue Detail
Issue Open Sep 29, 2021
Issue Close Oct 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 EntitlementsSep 24, 2021
Last Date for renunciation of Rights EntitlementsOct 8, 2021
Issue Opening DateSep 29, 2021
Issue Closing DateOct 13, 2021
Allotment DateOct 21, 2021
Shares Credit DateOct 22, 2021
Listing DateOct 26, 2021

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

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

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

The credit of Aruna Hotels Limited Rights Issue in Demat account is expected on or about Oct 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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