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EIH Ltd Rights Issue Detail
Issue Open September 29, 2020
Issue Close October 13, 2020
Issue Size (Shares) 5.38 Crores
Issue Size (Amount) ₹349.67 Crores
Issue Price ₹65 per Share
Listing At BSE

EIH Ltd Rights Issue Date & Price FAQs

EIH Ltd Rights Issue Timetable

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights Entitlements
Issue Opening DateSeptember 29, 2020
Issue Closing DateOctober 13, 2020
Allotment DateOctober 22, 2020
Shares Credit DateOctober 23, 2020
Listing DateOctober 27, 2020

EIH Ltd Rights Issue price is set at ₹65 per Share. The EIH Ltd Rights Issue opens on September 29, 2020, and closes on October 13, 2020, for the subscription.

The allotment of EIH Ltd Rights Issue is expected to happen on or about October 22, 2020 as per the issue schedule.

EIH Ltd Rights Issue expected to list on or around October 27, 2020.

The credit of EIH Ltd Rights Issue in Demat account is expected on or about October 23, 2020 as per the issue schedule.

The Net Proceeds from the Issue are proposed to be utilized towards: 1. Repayment/ prepayment in full or in part, of borrowings availed by the Company; and 2. General corporate purposes.

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

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