Spectrum Foods Rights Issue 2024 FAQ's

₹38.79 Crores | Listing at BSE | Mon, Apr 8, 2024 - Mon, Apr 22, 2024

Spectrum Foods Ltd Rights Issue Date 2026 & Price FAQs

The timetable for Spectrum Foods Ltd Rights Issue is as follows:

Last Date for credit of Rights EntitlementsFri, Apr 5, 2024
Last Date for renunciation of Rights EntitlementsWed, Apr 17, 2024
Issue Opening DateMon, Apr 8, 2024
Issue Closing DateMon, Apr 22, 2024
Date of Allotment (on or about)Fri, May 3, 2024
Date of Credit (on or about)Thu, May 9, 2024
Date of Listing (on or about)Fri, May 10, 2024

Spectrum Foods Rights Issue 2024 price is set at ₹20 per share. The Spectrum Foods Rights Issue 2024 opens on Mon, Apr 8, 2024, and closes on Mon, Apr 22, 2024, for the subscription.

The allotment of Spectrum Foods Rights Issue 2024 is expected to happen on or about May 3, 2024 as per the issue schedule.

Spectrum Foods Rights Issue 2024 listing date is 2024-05-13T00:00:00.000Z.

The credit of Spectrum Foods Rights Issue 2024 in Demat account is expected on or about May 9, 2024 as per the issue schedule.

Objects of the Issue:

The intended use of the Net Proceeds of the Issue by the Company is outlined below:

  1. To augment the existing and incremental working capital requirement of the company
  2. General Corporate Purposes

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