₹49.25 Crores | Listing at BSE | Tue, Jul 5, 2022 - Tue, Jul 19, 2022
The timetable for Banas Finance Limited Rights Issue is as follows:
| Last Date for credit of Rights Entitlements | Mon, Jul 4, 2022 |
| Last Date for renunciation of Rights Entitlements | Thu, Jul 14, 2022 |
| Issue Opening Date | Tue, Jul 5, 2022 |
| Issue Closing Date | Tue, Jul 19, 2022 |
| Date of Allotment (on or about) | Thu, Jul 28, 2022 |
| Date of Credit (on or about) | Mon, Aug 1, 2022 |
| Date of Listing (on or about) | Tue, Aug 2, 2022 |
Banas Finance Rights Issue 2022 listing date is 2022-08-03T00:00:00.000Z.
The intended use of the Net Proceeds of the Issue by the company is set forth below:
1. Towards working capital requirements.
2. Investment in the Associate, Tilak Ventures Limited for augmentation of funding requirements for its business activities.
3. General Corporate Purposes.
It is difficult to predict the exact listing price of Banas Finance 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 Banas Finance Limited which could help you with questions like whether to subscribe or not. Consider reading Banas Finance Limited reviews and analysis from experts posted on the Rights Issue detail page.
