₹37.95 Crores | Listing at BSE | Fri, Aug 5, 2022 - Fri, Aug 19, 2022
The timetable for Gennex Laboratories Limited Rights Issue is as follows:
| Last Date for credit of Rights Entitlements | Thu, Aug 4, 2022 |
| Last Date for renunciation of Rights Entitlements | Fri, Aug 12, 2022 |
| Issue Opening Date | Fri, Aug 5, 2022 |
| Issue Closing Date | Fri, Aug 19, 2022 |
| Date of Allotment (on or about) | Fri, Aug 26, 2022 |
| Date of Credit (on or about) | Wed, Aug 31, 2022 |
| Date of Listing (on or about) | Fri, Sep 2, 2022 |
Gennex Laboratories Rights Issue 2022 is expected to list on or around September 2, 2022.
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 predict the exact listing price of Gennex Laboratories 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 Gennex Laboratories Limited which could help you with questions like whether to subscribe or not. Consider reading Gennex Laboratories Limited reviews and analysis from experts posted on the Rights Issue detail page.
