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| Issue Open | Jul 5, 2022 |
| Issue Close | Jul 19, 2022 |
| Issue Size (Shares) | 2.46 Crores |
| Issue Size (Amount) | ₹49.25 Crores |
| Issue Price | ₹20 per Share |
| Listing At | BSE |
Banas Finance Rights Issue 2022 Timetable
| Last Date for credit of Rights Entitlements | Jul 4, 2022 |
| Last Date for renunciation of Rights Entitlements | Jul 14, 2022 |
| Issue Opening Date | Jul 5, 2022 |
| Issue Closing Date | Jul 19, 2022 |
| Allotment Date | Jul 28, 2022 |
| Shares Credit Date | Aug 1, 2022 |
| Listing Date | Aug 2, 2022 |
Banas Finance Rights Issue 2022 price is set at ₹20 per Share. The Banas Finance Rights Issue 2022 opens on Jul 5, 2022, and closes on Jul 19, 2022, for the subscription.
The allotment of Banas Finance Rights Issue 2022 is expected to happen on or about Jul 28, 2022 as per the issue schedule.
Banas Finance Rights Issue 2022 listing date is Aug 2, 2022.
The credit of Banas Finance Rights Issue 2022 in Demat account is expected on or about Aug 1, 2022 as per the issue schedule.
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.
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