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Asian Granito India Rights Issue 2022 FAQ's

Asian Granito India Rights Issue 2022 Detail
Issue Open Apr 25, 2022
Issue Close May 10, 2022
Issue Size (Shares) 7.00 Crores
Issue Size (Amount) ₹440.96 Crores
Issue Price ₹63 per Share
Listing At BSE, NSE

Asian Granito India Rights Issue 2022 Date & Price FAQs

Asian Granito India Rights Issue 2022 Timetable

Last Date for credit of Rights EntitlementsApr 24, 2022
Last Date for renunciation of Rights EntitlementsMay 5, 2022
Issue Opening DateApr 25, 2022
Issue Closing DateMay 10, 2022
Allotment DateMay 19, 2022
Shares Credit DateMay 20, 2022
Listing DateMay 24, 2022

Asian Granito India Rights Issue 2022 price is set at ₹63 per Share. The Asian Granito India Rights Issue 2022 opens on Apr 25, 2022, and closes on May 10, 2022, for the subscription.

The allotment of Asian Granito India Rights Issue 2022 is expected to happen on or about May 19, 2022 as per the issue schedule.

Asian Granito India Rights Issue 2022 expected to list on or around May 24, 2022.

The credit of Asian Granito India Rights Issue 2022 in Demat account is expected on or about May 20, 2022 as per the issue schedule.

The company proposes to utilize the Net Proceeds towards funding of the following objects:

  1. Funding the capital expenditure for setting up of new manufacturing units under the newly incorporated wholly owned subsidiaries of the Company.
  2. Funding the working capital requirements of the Proposed Projects, post commencement of commercial production.
  3. Funding the capital expenditure for setting up of display centre to showcase the entire range of products and capabilities.
  4. General corporate purposes.

It is difficult to say at what price Asian Granito India Rights Issue 2022 shares will list. The price depends on the demand and supply of company's shares on the day of listing.

Sorry, we do not provide rights issue's recommendations. But we share a lot of information about Asian Granito India Rights Issue 2022 which could help you with questions like Asian Granito India Rights Issue 2022 buy or not? Consider reading Asian Granito India Rights Issue 2022 reviews and analysis from experts posted on rights issue detail page.

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