The Sandur Manganese & Iron Ores Rights Issue 2022 FAQ's

₹18.00 Crores | Listing at BSE | Mon, Aug 8, 2022 - Mon, Aug 29, 2022

The Sandur Manganese & Iron Ores Limited Rights Issue Date 2026 & Price FAQs

The timetable for The Sandur Manganese & Iron Ores Limited Rights Issue is as follows:

Last Date for credit of Rights EntitlementsSun, Aug 7, 2022
Last Date for renunciation of Rights EntitlementsTue, Aug 23, 2022
Issue Opening DateMon, Aug 8, 2022
Issue Closing DateMon, Aug 29, 2022
Date of Allotment (on or about)Wed, Sep 7, 2022
Date of Credit (on or about)Thu, Sep 8, 2022
Date of Listing (on or about)Tue, Sep 13, 2022

The Sandur Manganese & Iron Ores Rights Issue 2022 price is set at ₹10 per share. The The Sandur Manganese & Iron Ores Rights Issue 2022 opens on Mon, Aug 8, 2022, and closes on Mon, Aug 29, 2022, for the subscription.

The allotment of The Sandur Manganese & Iron Ores Rights Issue 2022 is expected to happen on or about September 7, 2022 as per the issue schedule.

The Sandur Manganese & Iron Ores Rights Issue 2022 listing date is 2022-09-15T00:00:00.000Z.

The credit of The Sandur Manganese & Iron Ores Rights Issue 2022 in Demat account is expected on or about September 8, 2022 as per the issue schedule.

Objects of the Issue:

The company intends to utilise the issue proceeds for the following objects:

  • Investment in the Equity Shares of "Renew Sandur Green Energy Private Limited" (the "Proposed SPV").
  • Issue related expenses.

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