₹48.05 Crores | Listing at BSE | Mon, May 13, 2024 - Thu, May 30, 2024
The timetable for Banas Finance Ltd. Rights Issue is as follows:
| Last Date for credit of Rights Entitlements | Mon, May 6, 2024 |
| Last Date for renunciation of Rights Entitlements | Fri, May 17, 2024 |
| Issue Opening Date | Mon, May 13, 2024 |
| Issue Closing Date | Thu, May 30, 2024 |
| Date of Allotment (on or about) | Tue, Jun 11, 2024 |
| Date of Credit (on or about) | Thu, Jun 13, 2024 |
| Date of Listing (on or about) | Fri, Jun 14, 2024 |
Banas Finance Rights Issue 2024 is expected to list on or around June 14, 2024.
The company proposes to utilize the Net Proceeds to:
1. Towards working capital requirements including:
2. General corporate purpose; and
3. To meet Issue related expenses.
It is difficult to predict the exact listing price of Banas Finance 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 Banas Finance Ltd. which could help you with questions like whether to subscribe or not. Consider reading Banas Finance Ltd. reviews and analysis from experts posted on the Rights Issue detail page.