Asian Tea Rights Issue FAQ's

₹15.00 Crores | Listing at BSE | Thu, Nov 18, 2021 - Thu, Dec 2, 2021

Asian Tea & Exports Ltd. Rights Issue Date 2026 & Price FAQs

The timetable for Asian Tea & Exports Ltd. Rights Issue is as follows:

Last Date for credit of Rights EntitlementsMon, Nov 15, 2021
Last Date for renunciation of Rights EntitlementsFri, Nov 26, 2021
Issue Opening DateThu, Nov 18, 2021
Issue Closing DateThu, Dec 2, 2021
Date of Allotment (on or about)Mon, Dec 13, 2021
Date of Credit (on or about)Tue, Dec 14, 2021
Date of Listing (on or about)Fri, Dec 17, 2021

Asian Tea Rights Issue price is set at ₹15 per share. The Asian Tea Rights Issue opens on Thu, Nov 18, 2021, and closes on Thu, Dec 2, 2021, for the subscription.

The allotment of Asian Tea Rights Issue is expected to happen on or about December 13, 2021 as per the issue schedule.

Asian Tea Rights Issue listing date is 2021-12-17T00:00:00.000Z.

The credit of Asian Tea Rights Issue in Demat account is expected on or about December 14, 2021 as per the issue schedule.

Objects of the Issue:

The Proceeds from the Issue will be utilized towards funding of the following objects:

  • Funding of working capital requirements of the company
  • To meet the Issue Expenses
  • General Corporate Purposes 

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