₹399.80 Crores | Listing at BSE, NSE | Mon, Oct 31, 2022 - Thu, Nov 10, 2022
The timetable for Suven Life Sciences Limited Rights Issue is as follows:
| Last Date for credit of Rights Entitlements | Fri, Oct 28, 2022 |
| Last Date for renunciation of Rights Entitlements | Thu, Nov 3, 2022 |
| Issue Opening Date | Mon, Oct 31, 2022 |
| Issue Closing Date | Thu, Nov 10, 2022 |
| Date of Allotment (on or about) | Fri, Nov 18, 2022 |
| Date of Credit (on or about) | Mon, Nov 21, 2022 |
| Date of Listing (on or about) | Thu, Nov 24, 2022 |
Suven Life Sciences Rights Issue 2022 listing date is 2022-11-24T00:00:00.000Z.
The Company intends to utilize the Net Proceeds from the Issue towards the funding of the following objects:
1. Meeting costs related to pharmaceutical research & development and clinical trial for molecules in the research pipelines.
2. Repayment of an inter-corporate deposit availed by the Company.
3. General corporate purposes.
It is difficult to predict the exact listing price of Suven Life Sciences 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 Suven Life Sciences Limited which could help you with questions like whether to subscribe or not. Consider reading Suven Life Sciences Limited reviews and analysis from experts posted on the Rights Issue detail page.
