Shiva Cement Rights Issue 2024 FAQ's

₹400.00 Crores | Listing at BSE | Mon, Apr 22, 2024 - Mon, May 6, 2024

Shiva Cement Ltd. Rights Issue Date 2026 & Price FAQs

The timetable for Shiva Cement Ltd. Rights Issue is as follows:

Last Date for credit of Rights EntitlementsFri, Apr 19, 2024
Last Date for renunciation of Rights EntitlementsTue, Apr 30, 2024
Issue Opening DateMon, Apr 22, 2024
Issue Closing DateMon, May 6, 2024
Date of Allotment (on or about)Fri, May 10, 2024
Date of Credit (on or about)Tue, May 14, 2024
Date of Listing (on or about)Mon, May 20, 2024

Shiva Cement Rights Issue 2024 price is set at ₹40 per share. The Shiva Cement Rights Issue 2024 opens on Mon, Apr 22, 2024, and closes on Mon, May 6, 2024, for the subscription.

The allotment of Shiva Cement Rights Issue 2024 is expected to happen on or about May 10, 2024 as per the issue schedule.

Shiva Cement Rights Issue 2024 is expected to list on or around May 20, 2024.

The credit of Shiva Cement Rights Issue 2024 in Demat account is expected on or about May 14, 2024 as per the issue schedule.

Objects of the Issue:

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

  1. Repayment or prepayment, in full or in part, of certain borrowings availed by the company; and
  2. General corporate purposes.

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