Sawaca Business Machines Rights Issue 2024 FAQ's

₹45.76 Crores | Listing at BSE | Tue, Apr 2, 2024 - Tue, Apr 30, 2024

Sawaca Business Machines Ltd. Rights Issue Date 2026 & Price FAQs

The timetable for Sawaca Business Machines Ltd. Rights Issue is as follows:

Last Date for credit of Rights EntitlementsThu, Mar 28, 2024
Last Date for renunciation of Rights EntitlementsMon, Apr 8, 2024
Issue Opening DateTue, Apr 2, 2024
Issue Closing DateTue, Apr 30, 2024
Date of Allotment (on or about)Fri, Apr 19, 2024
Date of Credit (on or about)Wed, Apr 24, 2024
Date of Listing (on or about)Fri, Apr 26, 2024

Sawaca Business Machines Rights Issue 2024 price is set at ₹1 per share. The Sawaca Business Machines Rights Issue 2024 opens on Tue, Apr 2, 2024, and closes on Tue, Apr 30, 2024, for the subscription.

The allotment of Sawaca Business Machines Rights Issue 2024 is expected to happen on or about April 19, 2024 as per the issue schedule.

Sawaca Business Machines Rights Issue 2024 is expected to list on or around April 26, 2024.

The credit of Sawaca Business Machines Rights Issue 2024 in Demat account is expected on or about April 24, 2024 as per the issue schedule.

Objects of the Issue:

The Company intends to utilize the proceeds of the Issue, after deducting Issue related expenses ("Net Proceeds") towards the following objects:

  1. Incremental working capital requirements
  2. To meet General corporate purposes

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