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Coastal Corporation Rights Issue 2022 Detail
Issue Open Sep 12, 2022
Issue Close Sep 27, 2022
Issue Size (Shares) 0.19 Crores
Issue Size (Amount) ₹43.42 Crores
Issue Price ₹225 per Share
Listing At BSE

Coastal Corporation Rights Issue 2022 Date & Price FAQs

Coastal Corporation Rights Issue 2022 Timetable

Last Date for credit of Rights EntitlementsSep 5, 2022
Last Date for renunciation of Rights EntitlementsSep 21, 2022
Issue Opening DateSep 12, 2022
Issue Closing DateSep 27, 2022
Allotment DateOct 6, 2022
Shares Credit DateOct 11, 2022
Listing DateOct 14, 2022

Sorry, the Application Form for Coastal Corporation Rights Issue 2022 is not available at this time.

Coastal Corporation Rights Issue 2022 price is set at ₹225 per Share. The Coastal Corporation Rights Issue 2022 opens on Sep 12, 2022, and closes on Sep 27, 2022, for the subscription.

The allotment of Coastal Corporation Rights Issue 2022 is expected to happen on or about Oct 6, 2022 as per the issue schedule.

Coastal Corporation Rights Issue 2022 expected to list on or around Oct 14, 2022.

The credit of Coastal Corporation Rights Issue 2022 in Demat account is expected on or about Oct 11, 2022 as per the issue schedule.

The company intend to utilize the issue proceeds for the following objects:

1. Investment in our wholly owned Subsidiary, Coastal Biotech Private Limited ("CBPL") for part -financing its capital expenditure requirements in relation to the setting up of a manufacturing facility to manufacture 198 KLPD of Ethanol

2. Investment in our wholly owned Subsidiary, Continental Fisheries India Limited ("CFIL") for part -financing its capital expenditure requirements in relation to the setting up shrimp processing unit with installed capacity of 2,500 Kilograms Per Hour and 1,100MT Frozen Storage.

3. To meet the Issue Expenses.

4. General Corporate Purposes

It is difficult to say at what price Coastal Corporation Rights Issue 2022 shares will list. The price depends on the demand and supply of company's shares on the day of listing.

Sorry, we do not provide rights issue's recommendations. But we share a lot of information about Coastal Corporation Rights Issue 2022 which could help you with questions like Coastal Corporation Rights Issue 2022 buy or not? Consider reading Coastal Corporation Rights Issue 2022 reviews and analysis from experts posted on rights issue detail page.

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