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Kesoram Industries Rights Issue FAQ's

Kesoram Industries Rights Issue Detail
Issue Open Sep 27, 2021
Issue Close Oct 11, 2021
Issue Size (Shares) 8.00 Crores
Issue Size (Amount) ₹400.00 Crores
Issue Price ₹50 per Share
Listing At BSE, NSE

Kesoram Industries Rights Issue Date & Price FAQs

Kesoram Industries Rights Issue Timetable

Last Date for credit of Rights EntitlementsSep 24, 2021
Last Date for renunciation of Rights EntitlementsOct 6, 2021
Issue Opening DateSep 27, 2021
Issue Closing DateOct 11, 2021
Allotment DateOct 21, 2021
Shares Credit DateOct 22, 2021
Listing DateOct 28, 2021

Kesoram Industries Rights Issue price is set at ₹50 per Share. The Kesoram Industries Rights Issue opens on Sep 27, 2021, and closes on Oct 11, 2021, for the subscription.

The allotment of Kesoram Industries Rights Issue is expected to happen on or about Oct 21, 2021 as per the issue schedule.

Kesoram Industries Rights Issue listing date is Oct 28, 2021.

The credit of Kesoram Industries Rights Issue in Demat account is expected on or about Oct 22, 2021 as per the issue schedule.

The Proceeds from the Issue will be utilized towards funding of the following objects: 1. Repayment or pre-payment of inter-corporate deposit (ICD) including interest thereon; 2. Scheduled part-redemption of Non- Convertible Debentures (NCDs); 3. Redemption of Optionally Convertible Debentures (OCDs) in full/ NCDs in part; and 4. General corporate purposes.

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

Sorry, we do not provide rights issue's recommendations. But we share a lot of information about Kesoram Industries Rights Issue which could help you with questions like Kesoram Industries Rights Issue buy or not? Consider reading Kesoram Industries Rights Issue reviews and analysis from experts posted on rights issue detail page.

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