Authum Investment & Infrastructure Rights Issue FAQ's

₹37.35 Crores | Listing at BSE | Mon, Mar 1, 2021 - Mon, Mar 15, 2021

Authum Investment & Infrastructure Limited Rights Issue Date 2026 & Price FAQs

The timetable for Authum Investment & Infrastructure Limited Rights Issue is as follows:

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsTue, Mar 9, 2021
Issue Opening DateMon, Mar 1, 2021
Issue Closing DateMon, Mar 15, 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)Tue, Mar 30, 2021

Authum Investment & Infrastructure Rights Issue price is set at ₹81 per share. The Authum Investment & Infrastructure Rights Issue opens on Mon, Mar 1, 2021, and closes on Mon, Mar 15, 2021, for the subscription.

The allotment of Authum Investment & Infrastructure Rights Issue is expected to happen on or about March 25, 2021 as per the issue schedule.

Authum Investment & Infrastructure Rights Issue is expected to list on or around March 30, 2021.

The credit of Authum Investment & Infrastructure 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) Partial repayment or prepayment of working capital loans availed by the Company. (ii) General corporate purposes.

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