Arvind Fashions Rights Issue FAQ's

₹199.84 Crores | Listing at BSE | Thu, Mar 4, 2021 - Thu, Mar 18, 2021

Arvind Fashions Limited Rights Issue Date 2026 & Price FAQs

The timetable for Arvind Fashions Limited Rights Issue is as follows:

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsFri, Mar 12, 2021
Issue Opening DateThu, Mar 4, 2021
Issue Closing DateThu, Mar 18, 2021
Date of Allotment (on or about)Thu, Mar 25, 2021
Date of Credit (on or about)Fri, Mar 26, 2021
Date of Listing (on or about)Wed, Mar 31, 2021

Arvind Fashions Rights Issue price is set at ₹135 per share. The Arvind Fashions Rights Issue opens on Thu, Mar 4, 2021, and closes on Thu, Mar 18, 2021, for the subscription.

The allotment of Arvind Fashions Rights Issue is expected to happen on or about March 25, 2021 as per the issue schedule.

Arvind Fashions Rights Issue is expected to list on or around March 31, 2021.

The credit of Arvind Fashions Rights Issue in Demat account is expected on or about March 26, 2021 as per the issue schedule.

Objects of the Issue:

The Net Proceeds from the Issue are proposed to be utilized towards: i) Full or part prepayment/repayment of certain borrowings availed by the Company. ii) Full or part repayment/repayment of certain borrowings availed by the Company's wholly-owned subsidiary - Arvind Lifestyle Brands Limited. iii) General corporate purposes.

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