Suzlon Energy Rights Issue 2022 FAQ's

₹1,200.00 Crores | Listing at BSE, NSE | Tue, Oct 11, 2022 - Thu, Oct 20, 2022

Suzlon Energy Ltd Rights Issue Date 2026 & Price FAQs

The timetable for Suzlon Energy Ltd Rights Issue is as follows:

Last Date for credit of Rights EntitlementsMon, Oct 10, 2022
Last Date for renunciation of Rights EntitlementsFri, Oct 14, 2022
Issue Opening DateTue, Oct 11, 2022
Issue Closing DateThu, Oct 20, 2022
Date of Allotment (on or about)Mon, Oct 31, 2022
Date of Credit (on or about)Tue, Nov 1, 2022
Date of Listing (on or about)Thu, Nov 3, 2022

Suzlon Energy Rights Issue 2022 price is set at ₹5 per share. The Suzlon Energy Rights Issue 2022 opens on Tue, Oct 11, 2022, and closes on Thu, Oct 20, 2022, for the subscription.

The allotment of Suzlon Energy Rights Issue 2022 is expected to happen on or about October 31, 2022 as per the issue schedule.

Suzlon Energy Rights Issue 2022 listing date is 2022-10-04T00:00:00.000Z.

The credit of Suzlon Energy Rights Issue 2022 in Demat account is expected on or about November 1, 2022 as per the issue schedule.

Objects of the Issue:

The proposed utilization of the Net Proceeds by the Company are following:

1. Repayment or pre-payment of a portion of certain outstanding borrowings availed by the Company and its Subsidiaries.

2. General corporate purposes

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