Bright Solar Rights Issue 2023 FAQ's

₹4.60 Crores | Listing at NSE | Mon, Apr 3, 2023 - Mon, Apr 10, 2023

Bright Solar Limited Rights Issue Date 2026 & Price FAQs

The timetable for Bright Solar Limited Rights Issue is as follows:

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsThu, Apr 6, 2023
Issue Opening DateMon, Apr 3, 2023
Issue Closing DateMon, Apr 10, 2023
Date of Allotment (on or about)Mon, Apr 17, 2023
Date of Credit (on or about)Thu, Apr 20, 2023
Date of Listing (on or about)Fri, Apr 28, 2023

Bright Solar Rights Issue 2023 price is set at ₹10 per share. The Bright Solar Rights Issue 2023 opens on Mon, Apr 3, 2023, and closes on Mon, Apr 10, 2023, for the subscription.

The allotment of Bright Solar Rights Issue 2023 is expected to happen on or about April 17, 2023 as per the issue schedule.

Bright Solar Rights Issue 2023 listing date is 2023-03-23T00:00:00.000Z.

The credit of Bright Solar Rights Issue 2023 in Demat account is expected on or about April 20, 2023 as per the issue schedule.

Objects of the Issue:

The Company intends to utilize the proceeds raised through the issue towards funding the incremental working capital requirements of the company.

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