MKVentures Capital Rights Issue 2023 FAQ's

MKVentures Capital Rights Issue 2023 price is set at ₹936 per Share. The MKVentures Capital Rights Issue 2023 opens on April 17, 2023, and closes on April 25, 2023, for the subscription.

The allotment of MKVentures Capital Rights Issue 2023 is expected to happen on or about May 3, 2023 as per the issue schedule.

MKVentures Capital Rights Issue 2023 expected to list on or around May 8, 2023.

The credit of MKVentures Capital Rights Issue 2023 in Demat account is expected on or about May 4, 2023 as per the issue schedule.

The objects of the Issue are:

1. To meet the requirements of Minimum Public Shareholding as stipulated under Rule 19 (2)(b) of the Securities Contract Regulation (Rules), 1957 read with Regulation 19A Securities Contract Regulation (Rules), 1957 and Regulation 38 of the SEBI (LODR) Regulations, 2015
2. To augment our capital base and provide for our fund requirements for increasing our operational scale with respect to our NBFC activities.
3. General corporate purposes.