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KDDL Rights Issue Detail
Issue Open April 9, 2021
Issue Close May 7, 2021
Issue Size (Shares) 0.11 Crores
Issue Size (Amount) ₹25.00 Crores
Issue Price ₹230 per Share
Listing At BSE, NSE

KDDL Rights Issue Date & Price FAQs

KDDL Rights Issue Timetable

Last Date for credit of Rights EntitlementsApril 8, 2021
Last Date for renunciation of Rights EntitlementsApril 29, 2021
Issue Opening DateApril 9, 2021
Issue Closing DateMay 7, 2021
Allotment DateMay 14, 2021
Shares Credit DateMay 15, 2021
Listing DateMay 17, 2021

KDDL Rights Issue price is set at ₹230 per Share. The KDDL Rights Issue opens on April 9, 2021, and closes on May 7, 2021, for the subscription.

The allotment of KDDL Rights Issue is expected to happen on or about May 14, 2021 as per the issue schedule.

KDDL Rights Issue expected to list on or around May 17, 2021.

The credit of KDDL Rights Issue in Demat account is expected on or about May 15, 2021 as per the issue schedule.

The Net Proceeds from the Issue are proposed to be utilized towards ; (i.) Investment in Ethos Limited (KDDL's material subsidiary) for funding its working capital requirements; (ii) General corporate purposes.

It is difficult to say at what price KDDL Rights Issue shares will list. The price depends on the demand and supply of company's shares on the day of listing.

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