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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 Timetable
Last Date for credit of Rights Entitlements | Sep 24, 2021 |
Last Date for renunciation of Rights Entitlements | Oct 6, 2021 |
Issue Opening Date | Sep 27, 2021 |
Issue Closing Date | Oct 11, 2021 |
Allotment Date | Oct 21, 2021 |
Shares Credit Date | Oct 22, 2021 |
Listing Date | Oct 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.
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