IND Renewable Energy Rights Issue Jan 2024 FAQ's

₹25.43 Crores | Listing at BSE | Thu, Jan 18, 2024 - Fri, Feb 2, 2024

Ind Renewable Energy Ltd Rights Issue Date 2026 & Price FAQs

The timetable for Ind Renewable Energy Ltd Rights Issue is as follows:

Last Date for credit of Rights EntitlementsSun, Jan 28, 2024
Last Date for renunciation of Rights EntitlementsTue, Jan 23, 2024
Issue Opening DateThu, Jan 18, 2024
Issue Closing DateFri, Feb 2, 2024
Date of Allotment (on or about)Sat, Feb 3, 2024
Date of Credit (on or about)Thu, Feb 8, 2024
Date of Listing (on or about)Tue, Feb 13, 2024

IND Renewable Energy Rights Issue Jan 2024 price is set at ₹21 per share. The IND Renewable Energy Rights Issue Jan 2024 opens on Thu, Jan 18, 2024, and closes on Fri, Feb 2, 2024, for the subscription.

The allotment of IND Renewable Energy Rights Issue Jan 2024 is expected to happen on or about February 3, 2024 as per the issue schedule.

IND Renewable Energy Rights Issue Jan 2024 is expected to list on or around February 13, 2024.

The credit of IND Renewable Energy Rights Issue Jan 2024 in Demat account is expected on or about February 8, 2024 as per the issue schedule.

Objects of the Issue:

The Company intends to utilize the Net Proceeds for the following objects:

  1. To acquire the Plant & Machinery to set up a 2.5 MWp Solar PV System . 
  2. Payment of Security Deposit for renting Land for setting up of Solar Plant 300.00
  3. To meet General Corporate purposes

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