Globesecure Technologies Rights Issue 2024 FAQ's

₹27.33 Crores | Listing at NSE | Thu, Jul 25, 2024 - Fri, Aug 2, 2024

Globesecure Technologies Limited Rights Issue Date 2026 & Price FAQs

The timetable for Globesecure Technologies Limited Rights Issue is as follows:

Last Date for credit of Rights EntitlementsFri, Jun 21, 2024
Last Date for renunciation of Rights Entitlements
Issue Opening DateThu, Jul 25, 2024
Issue Closing DateFri, Aug 2, 2024
Date of Allotment (on or about)Fri, Aug 9, 2024
Date of Credit (on or about)Tue, Aug 13, 2024
Date of Listing (on or about)Fri, Aug 16, 2024

Globesecure Technologies Rights Issue 2024 price is set at ₹40 per share. The Globesecure Technologies Rights Issue 2024 opens on Thu, Jul 25, 2024, and closes on Fri, Aug 2, 2024, for the subscription.

The allotment of Globesecure Technologies Rights Issue 2024 is expected to happen on or about August 9, 2024 as per the issue schedule.

Globesecure Technologies Rights Issue 2024 is expected to list on or around August 16, 2024.

The credit of Globesecure Technologies Rights Issue 2024 in Demat account is expected on or about August 13, 2024 as per the issue schedule.

Objects of the Issue:

The Company intends to utilize the Net Proceeds from the Issue towards meeting the following objectives:

  1. To augment the existing and incremental working capital requirement of the Company, and
  2. General Corporate Purpose.

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