Sahana System Rights Issue 2024 FAQ's

₹48.87 Crores | Listing at NSE | Fri, Oct 11, 2024 - Fri, Oct 25, 2024

Sahana System Limited Rights Issue Date 2026 & Price FAQs

The timetable for Sahana System Limited Rights Issue is as follows:

Last Date for credit of Rights EntitlementsWed, Sep 25, 2024
Last Date for renunciation of Rights EntitlementsWed, Oct 16, 2024
Issue Opening DateFri, Oct 11, 2024
Issue Closing DateFri, Oct 25, 2024
Date of Allotment (on or about)Thu, Oct 31, 2024
Date of Credit (on or about)Fri, Nov 8, 2024
Date of Listing (on or about)Mon, Nov 11, 2024

Sahana System Rights Issue 2024 price is set at ₹890 per share. The Sahana System Rights Issue 2024 opens on Fri, Oct 11, 2024, and closes on Fri, Oct 25, 2024, for the subscription.

The allotment of Sahana System Rights Issue 2024 is expected to happen on or about October 31, 2024 as per the issue schedule.

Sahana System Rights Issue 2024 is expected to list on or around November 11, 2024.

The credit of Sahana System Rights Issue 2024 in Demat account is expected on or about November 8, 2024 as per the issue schedule.

Objects of the Issue:

The Company intends to utilize the Net Proceeds from this Issue towards the following objects:

  1. To meet the Working Capital requirements of the Company; and
  2. General Corporate Purposes.

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