Texel Industries Ltd Rights Issue FAQ's

₹12.49 Crores | Listing at BSE | Tue, Aug 31, 2021 - Tue, Sep 14, 2021

Texel Industries Limited Rights Issue Date 2026 & Price FAQs

The timetable for Texel Industries Limited Rights Issue is as follows:

Last Date for credit of Rights EntitlementsMon, Aug 30, 2021
Last Date for renunciation of Rights EntitlementsWed, Sep 8, 2021
Issue Opening DateTue, Aug 31, 2021
Issue Closing DateTue, Sep 14, 2021
Date of Allotment (on or about)Tue, Sep 21, 2021
Date of Credit (on or about)Wed, Sep 22, 2021
Date of Listing (on or about)Fri, Sep 24, 2021

Texel Industries Ltd Rights Issue price is set at ₹40 per share. The Texel Industries Ltd Rights Issue opens on Tue, Aug 31, 2021, and closes on Tue, Sep 14, 2021, for the subscription.

The allotment of Texel Industries Ltd Rights Issue is expected to happen on or about September 21, 2021 as per the issue schedule.

Texel Industries Ltd Rights Issue listing date is 2021-09-24T00:00:00.000Z.

The credit of Texel Industries Ltd Rights Issue in Demat account is expected on or about September 22, 2021 as per the issue schedule.

Objects of the Issue:

The Proceeds from the Issue will be utilized towards funding of the following objects: 1. Setting up new manufacturing facility at Kheda, Gujarat (Proposed Expansion). 2. General Corporate Purposes.

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