Bandaram Pharma Packtech Rights Issue 2023 FAQ's

Bandaram Pharma Packtech Rights Issue 2023 price is set at ₹10 per Share. The Bandaram Pharma Packtech Rights Issue 2023 opens on July 12, 2023, and closes on July 20, 2023, for the subscription.

The allotment of Bandaram Pharma Packtech Rights Issue 2023 is expected to happen on or about July 26, 2023 as per the issue schedule.

Bandaram Pharma Packtech Rights Issue 2023 listing date is August 3, 2023.

The credit of Bandaram Pharma Packtech Rights Issue 2023 in Demat account is expected on or about July 31, 2023 as per the issue schedule.

The company proposes to utilize the net proceeds from the issue towards funding the following objects:

1. Conversion of unsecured loans availed by our Company from the Promoters;
2. Investment in our Subsidiary, "VSR Paper & Packaging Limited" for augmentation of funding requirements for its business activities.
3. Acquisition of Companies to achieve inorganic growth.
4. General Corporate Purposes