Som Distilleries and Breweries Rights Issue FAQ's

₹17.50 Crores | Listing at BSE, NSE | Mon, Jan 17, 2022 - Mon, Feb 7, 2022

Som Distilleries and Breweries Limited Rights Issue Date 2026 & Price FAQs

The timetable for Som Distilleries and Breweries Limited Rights Issue is as follows:

Last Date for credit of Rights EntitlementsFri, Jan 7, 2022
Last Date for renunciation of Rights EntitlementsTue, Jan 25, 2022
Issue Opening DateMon, Jan 17, 2022
Issue Closing DateMon, Feb 7, 2022
Date of Allotment (on or about)Tue, Feb 8, 2022
Date of Credit (on or about)Wed, Feb 9, 2022
Date of Listing (on or about)Thu, Feb 10, 2022

Som Distilleries and Breweries Rights Issue price is set at ₹35 per share. The Som Distilleries and Breweries Rights Issue opens on Mon, Jan 17, 2022, and closes on Mon, Feb 7, 2022, for the subscription.

The allotment of Som Distilleries and Breweries Rights Issue is expected to happen on or about February 8, 2022 as per the issue schedule.

Som Distilleries and Breweries Rights Issue is expected to list on or around February 10, 2022.

The credit of Som Distilleries and Breweries Rights Issue in Demat account is expected on or about February 9, 2022 as per the issue schedule.

Objects of the Issue:

The Net Proceeds from the Issue are proposed to be utilized towards:
1. Long term working capital requirements of the Company; and
2. General corporate purposes.

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