Sharat Industries Rights Issue 2024 FAQ's

₹48.18 Crores | Listing at BSE | Wed, Jul 24, 2024 - Wed, Aug 7, 2024

Sharat Industries Ltd. Rights Issue Date 2026 & Price FAQs

The timetable for Sharat Industries Ltd. Rights Issue is as follows:

Last Date for credit of Rights EntitlementsFri, Jul 19, 2024
Last Date for renunciation of Rights EntitlementsThu, Aug 1, 2024
Issue Opening DateWed, Jul 24, 2024
Issue Closing DateWed, Aug 7, 2024
Date of Allotment (on or about)Wed, Aug 14, 2024
Date of Credit (on or about)Tue, Aug 20, 2024
Date of Listing (on or about)Thu, Aug 22, 2024

Sharat Industries Rights Issue 2024 price is set at ₹31 per share. The Sharat Industries Rights Issue 2024 opens on Wed, Jul 24, 2024, and closes on Wed, Aug 7, 2024, for the subscription.

The allotment of Sharat Industries Rights Issue 2024 is expected to happen on or about August 14, 2024 as per the issue schedule.

Sharat Industries Rights Issue 2024 listing date is 2024-08-21T00:00:00.000Z.

The credit of Sharat Industries Rights Issue 2024 in Demat account is expected on or about August 20, 2024 as per the issue schedule.

Objects of the Issue:

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

  1. To augment the existing and incremental working capital requirement of the Company; and
  2. General Corporate Purpose.

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