₹164.51 Crores | Listing at BSE, NSE | Mon, Nov 1, 2021 - Mon, Nov 15, 2021
The timetable for Texmaco Rail & Engineering Limited Rights Issue is as follows:
| Last Date for credit of Rights Entitlements | Fri, Oct 29, 2021 |
| Last Date for renunciation of Rights Entitlements | Mon, Nov 8, 2021 |
| Issue Opening Date | Mon, Nov 1, 2021 |
| Issue Closing Date | Mon, Nov 15, 2021 |
| Date of Allotment (on or about) | Tue, Nov 23, 2021 |
| Date of Credit (on or about) | Wed, Nov 24, 2021 |
| Date of Listing (on or about) | Thu, Nov 25, 2021 |
Texmaco Rail & Engineering Rights Issue listing date is 2021-11-25T00:00:00.000Z.
The Proceeds from the Issue will be utilized towards funding of the following objects:
1. Repayment or prepayment of Inter Corporate Deposit (ICD) and unsecured loans.
2. Funding working capital requirements of our Company; and
3. General corporate purposes
It is difficult to predict the exact listing price of Texmaco Rail & Engineering 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 Texmaco Rail & Engineering Limited which could help you with questions like whether to subscribe or not. Consider reading Texmaco Rail & Engineering Limited reviews and analysis from experts posted on the Rights Issue detail page.