Franklin Industries Rights Issue 2024 FAQ's

₹38.83 Crores | Listing at BSE | Fri, May 24, 2024 - Tue, Jun 11, 2024

Franklin Industries Ltd Rights Issue Date 2026 & Price FAQs

The timetable for Franklin Industries Ltd Rights Issue is as follows:

Last Date for credit of Rights EntitlementsThu, May 23, 2024
Last Date for renunciation of Rights EntitlementsSun, May 5, 2024
Issue Opening DateFri, May 24, 2024
Issue Closing DateTue, Jun 11, 2024
Date of Allotment (on or about)Sat, Jun 15, 2024
Date of Credit (on or about)Mon, Jun 24, 2024
Date of Listing (on or about)Mon, Jun 24, 2024

Franklin Industries Rights Issue 2024 price is set at ₹3.58 per share. The Franklin Industries Rights Issue 2024 opens on Fri, May 24, 2024, and closes on Tue, Jun 11, 2024, for the subscription.

The allotment of Franklin Industries Rights Issue 2024 is expected to happen on or about June 15, 2024 as per the issue schedule.

Franklin Industries Rights Issue 2024 is expected to list on or around June 24, 2024.

The credit of Franklin Industries Rights Issue 2024 in Demat account is expected on or about June 24, 2024 as per the issue schedule.

Objects of the Issue:

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

  1. Working capital requirement;
  2. General Corporate Purpose;
  3. To meet Issue Expenses.

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