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Gennex Laboratories Rights Issue 2022 Detail
Issue Open Aug 5, 2022
Issue Close Aug 19, 2022
Issue Size (Shares) 6.33 Crores
Issue Size (Amount) ₹37.95 Crores
Issue Price ₹6 per Share
Listing At BSE

Gennex Laboratories Rights Issue 2022 Date & Price FAQs

Gennex Laboratories Rights Issue 2022 Timetable

Last Date for credit of Rights EntitlementsAug 4, 2022
Last Date for renunciation of Rights EntitlementsAug 12, 2022
Issue Opening DateAug 5, 2022
Issue Closing DateAug 19, 2022
Allotment DateAug 26, 2022
Shares Credit DateAug 31, 2022
Listing DateSep 2, 2022

Gennex Laboratories Rights Issue 2022 price is set at ₹6 per Share. The Gennex Laboratories Rights Issue 2022 opens on Aug 5, 2022, and closes on Aug 19, 2022, for the subscription.

The allotment of Gennex Laboratories Rights Issue 2022 is expected to happen on or about Aug 26, 2022 as per the issue schedule.

Gennex Laboratories Rights Issue 2022 expected to list on or around Sep 2, 2022.

The credit of Gennex Laboratories Rights Issue 2022 in Demat account is expected on or about Aug 31, 2022 as per the issue schedule.

The Objects of the Issue are:

1. Meeting the Working capital requirement

2. Repayment of borrowings availed by the Company from lenders.

3. Further Investment in Deccan Remedies Ltd.,

4. General Corporate Purposes.

It is difficult to say at what price Gennex Laboratories 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 Gennex Laboratories Rights Issue 2022 which could help you with questions like Gennex Laboratories Rights Issue 2022 buy or not? Consider reading Gennex Laboratories Rights Issue 2022 reviews and analysis from experts posted on rights issue detail page.

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