Vardhman Polytex Rights Issue 2024 FAQ's

₹49.84 Crores | Listing at BSE, NSE | Thu, Sep 12, 2024 - Fri, Sep 27, 2024

Vardhman Polytex Ltd. Rights Issue Date 2026 & Price FAQs

The timetable for Vardhman Polytex Ltd. Rights Issue is as follows:

Last Date for credit of Rights EntitlementsWed, Sep 11, 2024
Last Date for renunciation of Rights EntitlementsTue, Sep 24, 2024
Issue Opening DateThu, Sep 12, 2024
Issue Closing DateFri, Sep 27, 2024
Date of Allotment (on or about)Tue, Oct 8, 2024
Date of Credit (on or about)Thu, Oct 10, 2024
Date of Listing (on or about)Fri, Oct 11, 2024

Vardhman Polytex Rights Issue 2024 price is set at ₹6 per share. The Vardhman Polytex Rights Issue 2024 opens on Thu, Sep 12, 2024, and closes on Fri, Sep 27, 2024, for the subscription.

The allotment of Vardhman Polytex Rights Issue 2024 is expected to happen on or about October 8, 2024 as per the issue schedule.

Vardhman Polytex Rights Issue 2024 is expected to list on or around October 11, 2024.

The credit of Vardhman Polytex Rights Issue 2024 in Demat account is expected on or about October 10, 2024 as per the issue schedule.

Objects of the Issue:

The company intends to utilize the gross proceeds raised through the Issue after deducting the Issue related expenses for the following objects:

  1. To repay the debts of the Company;
  2. Modernization of Plants; and
  3. General corporate purposes.

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