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Thambbi Modern Spinning Mills Rights Issue 2022 FAQ's

Thambbi Modern Spinning Mills Rights Issue 2022 Detail
Issue Open Dec 29, 2022
Issue Close Jan 12, 2023
Issue Size (Shares) 0.58 Crores
Issue Size (Amount) ₹5.76 Crores
Issue Price ₹10 per Share
Listing At BSE

Thambbi Modern Spinning Mills Rights Issue 2022 Date & Price FAQs

Thambbi Modern Spinning Mills Rights Issue 2022 Timetable

Last Date for credit of Rights EntitlementsDec 22, 2022
Last Date for renunciation of Rights EntitlementsJan 6, 2023
Issue Opening DateDec 29, 2022
Issue Closing DateJan 12, 2023
Allotment DateJan 20, 2023
Shares Credit DateJan 24, 2023
Listing DateJan 25, 2023

Thambbi Modern Spinning Mills Rights Issue 2022 price is set at ₹10 per Share. The Thambbi Modern Spinning Mills Rights Issue 2022 opens on Dec 29, 2022, and closes on Jan 12, 2023, for the subscription.

The allotment of Thambbi Modern Spinning Mills Rights Issue 2022 is expected to happen on or about Jan 20, 2023 as per the issue schedule.

Thambbi Modern Spinning Mills Rights Issue 2022 expected to list on or around Jan 25, 2023.

The credit of Thambbi Modern Spinning Mills Rights Issue 2022 in Demat account is expected on or about Jan 24, 2023 as per the issue schedule.

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 say at what price Thambbi Modern Spinning Mills Rights Issue 2022 shares will list. The price depends on the demand and supply of company's shares on the day of listing.

Sorry, we do not provide rights issue's recommendations. But we share a lot of information about Thambbi Modern Spinning Mills Rights Issue 2022 which could help you with questions like Thambbi Modern Spinning Mills Rights Issue 2022 buy or not? Consider reading Thambbi Modern Spinning Mills Rights Issue 2022 reviews and analysis from experts posted on rights issue detail page.

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