Vidli Restaurants Rights Issue FAQ's

₹6.50 Crores | Listing at BSE | Wed, Feb 2, 2022 - Wed, Feb 16, 2022

Vidli Restaurants Limited Rights Issue Date 2026 & Price FAQs

The timetable for Vidli Restaurants Limited Rights Issue is as follows:

Last Date for credit of Rights EntitlementsTue, Feb 1, 2022
Last Date for renunciation of Rights EntitlementsThu, Feb 10, 2022
Issue Opening DateWed, Feb 2, 2022
Issue Closing DateWed, Feb 16, 2022
Date of Allotment (on or about)Thu, Mar 3, 2022
Date of Credit (on or about)Fri, Mar 4, 2022
Date of Listing (on or about)Tue, Mar 8, 2022

Vidli Restaurants Rights Issue price is set at ₹10 per share. The Vidli Restaurants Rights Issue opens on Wed, Feb 2, 2022, and closes on Wed, Feb 16, 2022, for the subscription.

The allotment of Vidli Restaurants Rights Issue is expected to happen on or about March 3, 2022 as per the issue schedule.

Vidli Restaurants Rights Issue listing date is 2022-03-08T00:00:00.000Z.

The credit of Vidli Restaurants Rights Issue in Demat account is expected on or about March 4, 2022 as per the issue schedule.

Objects of the Issue:

  • To acquire 84.01% of the equity and voting share capital of Vitizen Hotels Limited;
  • Towards working capital requirements;
  • To meet Issue related expenses;
  • General Corporate Purposes.

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