Swiss Military Consumer Goods Rights Issue 2024 FAQ's

₹49.15 Crores | Listing at BSE | Fri, Aug 23, 2024 - Fri, Sep 6, 2024

Swiss Military Consumer Goods Ltd. Rights Issue Date 2026 & Price FAQs

The timetable for Swiss Military Consumer Goods Ltd. Rights Issue is as follows:

Last Date for credit of Rights EntitlementsTue, Sep 3, 2024
Last Date for renunciation of Rights EntitlementsTue, Sep 3, 2024
Issue Opening DateFri, Aug 23, 2024
Issue Closing DateFri, Sep 6, 2024
Date of Allotment (on or about)Wed, Sep 18, 2024
Date of Credit (on or about)Thu, Sep 19, 2024
Date of Listing (on or about)Tue, Sep 24, 2024

Swiss Military Consumer Goods Rights Issue 2024 price is set at ₹12.5 per share. The Swiss Military Consumer Goods Rights Issue 2024 opens on Fri, Aug 23, 2024, and closes on Fri, Sep 6, 2024, for the subscription.

The allotment of Swiss Military Consumer Goods Rights Issue 2024 is expected to happen on or about September 18, 2024 as per the issue schedule.

Swiss Military Consumer Goods Rights Issue 2024 is expected to list on or around September 24, 2024.

The credit of Swiss Military Consumer Goods Rights Issue 2024 in Demat account is expected on or about September 19, 2024 as per the issue schedule.

Objects of the Issue:

The objects of the Issue are:

  • To meet the incremental working capital requirement of the Company;
  • To invest/infuse funds in our newly incorporated wholly owned subsidiary namely SM Travel Gear Private Limited, for the acquisition of plant & machinery for a new manufacturing facility dedicated to producing high quality luggage & travel gear and also to meet the working capital requirements of the new plant;
  • Adjustment of unsecured loans against the entitlement of Promoter;
  • General Corporate Purposes

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