Megasoft Rights Issue FAQ's

₹29.50 Crores | Listing at BSE, NSE | Thu, Jul 22, 2021 - Thu, Aug 5, 2021

Megasoft Limited Rights Issue Date 2026 & Price FAQs

The timetable for Megasoft Limited Rights Issue is as follows:

Last Date for credit of Rights EntitlementsWed, Jul 21, 2021
Last Date for renunciation of Rights EntitlementsFri, Jul 30, 2021
Issue Opening DateThu, Jul 22, 2021
Issue Closing DateThu, Aug 5, 2021
Date of Allotment (on or about)Fri, Aug 13, 2021
Date of Credit (on or about)Tue, Aug 17, 2021
Date of Listing (on or about)Fri, Aug 20, 2021

Megasoft Rights Issue price is set at ₹10 per share. The Megasoft Rights Issue opens on Thu, Jul 22, 2021, and closes on Thu, Aug 5, 2021, for the subscription.

The allotment of Megasoft Rights Issue is expected to happen on or about August 13, 2021 as per the issue schedule.

Megasoft Rights Issue is expected to list on or around August 20, 2021.

The credit of Megasoft Rights Issue in Demat account is expected on or about August 17, 2021 as per the issue schedule.

Objects of the Issue:

The Net Proceeds from the Issue are proposed to be utilized towards the below objects: 1. Reduce the overall outstanding borrowings of the Company. 2. General Corporate Purposes.

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