Piramal Pharma Rights Issue 2023 FAQ's

₹1,050.00 Crores | Listing at BSE, NSE | Tue, Aug 8, 2023 - Thu, Aug 17, 2023

Piramal Pharma Limited Rights Issue Date 2026 & Price FAQs

The timetable for Piramal Pharma Limited Rights Issue is as follows:

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsThu, Aug 10, 2023
Issue Opening DateTue, Aug 8, 2023
Issue Closing DateThu, Aug 17, 2023
Date of Allotment (on or about)Wed, Aug 23, 2023
Date of Credit (on or about)Thu, Aug 24, 2023
Date of Listing (on or about)Mon, Aug 28, 2023

Piramal Pharma Rights Issue 2023 price is set at ₹81 per share. The Piramal Pharma Rights Issue 2023 opens on Tue, Aug 8, 2023, and closes on Thu, Aug 17, 2023, for the subscription.

The allotment of Piramal Pharma Rights Issue 2023 is expected to happen on or about August 23, 2023 as per the issue schedule.

Piramal Pharma Rights Issue 2023 listing date is 2023-08-24T00:00:00.000Z.

The credit of Piramal Pharma Rights Issue 2023 in Demat account is expected on or about August 24, 2023 as per the issue schedule.

Objects of the Issue:

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

  1. Repayment or prepayment, in full or in part, of certain borrowings, and
  2. General corporate purposes.

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