Jyoti Structures Limited Rights Issue 2024 FAQ's

₹174.63 Crores | Listing at BSE, NSE | Mon, Apr 15, 2024 - Mon, Apr 29, 2024

Jyoti Structures Ltd. Rights Issue Date 2026 & Price FAQs

The timetable for Jyoti Structures Ltd. Rights Issue is as follows:

Last Date for credit of Rights EntitlementsFri, Apr 12, 2024
Last Date for renunciation of Rights EntitlementsWed, Apr 24, 2024
Issue Opening DateMon, Apr 15, 2024
Issue Closing DateMon, Apr 29, 2024
Date of Allotment (on or about)Mon, May 6, 2024
Date of Credit (on or about)Wed, May 8, 2024
Date of Listing (on or about)Fri, May 10, 2024

Jyoti Structures Limited Rights Issue 2024 price is set at ₹15 per share. The Jyoti Structures Limited Rights Issue 2024 opens on Mon, Apr 15, 2024, and closes on Mon, Apr 29, 2024, for the subscription.

The allotment of Jyoti Structures Limited Rights Issue 2024 is expected to happen on or about May 6, 2024 as per the issue schedule.

Jyoti Structures Limited Rights Issue 2024 is expected to list on or around May 10, 2024.

The credit of Jyoti Structures Limited Rights Issue 2024 in Demat account is expected on or about May 8, 2024 as per the issue schedule.

Objects of the Issue:

The Net Proceeds from the Issue are proposed to be utilized towards the following objects:
  1. Payment of NCLT approved resolution plan dues
  2. Meeting costs, expenses, charges and other payment commitments/obligations, including margin requirements associated with financing to be raised from banks and financial institutions for the operations of the Company.
  3. General corporate purposes

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