₹5.76 Crores | Listing at BSE | Thu, Dec 29, 2022 - Thu, Jan 12, 2023
The timetable for Thambbi Modern Spinning Mills Ltd. Rights Issue is as follows:
| Last Date for credit of Rights Entitlements | Thu, Dec 22, 2022 |
| Last Date for renunciation of Rights Entitlements | Fri, Jan 6, 2023 |
| Issue Opening Date | Thu, Dec 29, 2022 |
| Issue Closing Date | Thu, Jan 12, 2023 |
| Date of Allotment (on or about) | Fri, Jan 20, 2023 |
| Date of Credit (on or about) | Tue, Jan 24, 2023 |
| Date of Listing (on or about) | Wed, Jan 25, 2023 |
Thambbi Modern Spinning Mills Rights Issue 2022 is expected to list on or around January 25, 2023.
The company proposes to utilize the net proceeds from the issue towards funding the following objects:
1) Part repayment or prepayment of unsecured loans availed by our Company from Ramasamy Udayar Jagadeesan, being a Promoter of the Company.
2) General Corporate Purposes
It is difficult to predict the exact listing price of Thambbi Modern Spinning Mills 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 Thambbi Modern Spinning Mills Ltd. which could help you with questions like whether to subscribe or not. Consider reading Thambbi Modern Spinning Mills Ltd. reviews and analysis from experts posted on the Rights Issue detail page.
