₹249.70 Crores | Listing at BSE, NSE | Thu, Nov 7, 2024 - Fri, Nov 22, 2024
The timetable for Hindware Home Innovation Limited Rights Issue is as follows:
| Last Date for credit of Rights Entitlements | Wed, Nov 6, 2024 |
| Last Date for renunciation of Rights Entitlements | Mon, Nov 18, 2024 |
| Issue Opening Date | Thu, Nov 7, 2024 |
| Issue Closing Date | Fri, Nov 22, 2024 |
| Date of Allotment (on or about) | Wed, Nov 27, 2024 |
| Date of Credit (on or about) | Mon, Dec 2, 2024 |
| Date of Listing (on or about) | Wed, Dec 4, 2024 |
Hindware Home Innovation Rights Issue 2024 listing date is 2024-12-06T00:00:00.000Z.
The Company proposes to utilize the Net Proceeds from the Issue towards funding of the following objects:
1. Lending of fresh loans to Hindware Limited (HL, one of the subsidiaries of the Company) to facilitate them to repay / pre-pay in full or part of secured working capital loans availed by them from Banking institutions;
2. Repayment or pre-payment, in full or in part, of all or a portion of certain borrowing availed by the Company.
It is difficult to predict the exact listing price of Hindware Home Innovation Limited Rights Issue shares. The price depends on the demand and supply of the company's shares on the day of listing.
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