Kesoram Industries Rights Issue FAQ's

₹400.00 Crores | Listing at BSE, NSE | Mon, Sep 27, 2021 - Mon, Oct 11, 2021

Kesoram Industries Limited Rights Issue Date 2026 & Price FAQs

The timetable for Kesoram Industries Limited Rights Issue is as follows:

Last Date for credit of Rights EntitlementsFri, Sep 24, 2021
Last Date for renunciation of Rights EntitlementsWed, Oct 6, 2021
Issue Opening DateMon, Sep 27, 2021
Issue Closing DateMon, Oct 11, 2021
Date of Allotment (on or about)Thu, Oct 21, 2021
Date of Credit (on or about)Fri, Oct 22, 2021
Date of Listing (on or about)Thu, Oct 28, 2021

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

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

Kesoram Industries Rights Issue listing date is 2021-10-28T00:00:00.000Z.

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

Objects of the Issue:

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 predict the exact listing price of Kesoram Industries Limited 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 Kesoram Industries Limited which could help you with questions like whether to subscribe or not. Consider reading Kesoram Industries Limited reviews and analysis from experts posted on the Rights Issue detail page.