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| Issue Open | May 27, 2021 |
| Issue Close | Jun 10, 2021 |
| Issue Size (Shares) | 26.54 Crores |
| Issue Size (Amount) | ₹49.10 Crores |
| Issue Price | ₹2 per Share |
| Listing At | BSE, NSE |
Vikas Lifecare Rights Issue Timetable
| Last Date for credit of Rights Entitlements | May 26, 2021 |
| Last Date for renunciation of Rights Entitlements | Jun 7, 2021 |
| Issue Opening Date | May 27, 2021 |
| Issue Closing Date | Jun 10, 2021 |
| Allotment Date | Jun 17, 2021 |
| Shares Credit Date | Jun 21, 2021 |
| Listing Date | Jun 23, 2021 |
Vikas Lifecare Rights Issue price is set at ₹2 per Share. The Vikas Lifecare Rights Issue opens on May 27, 2021, and closes on Jun 10, 2021, for the subscription.
The allotment of Vikas Lifecare Rights Issue is expected to happen on or about Jun 17, 2021 as per the issue schedule.
Vikas Lifecare Rights Issue expected to list on or around Jun 23, 2021.
The credit of Vikas Lifecare Rights Issue in Demat account is expected on or about Jun 21, 2021 as per the issue schedule.
The Net Proceeds from the Issue are proposed to be utilized towards the below objects: 1. Meeting Capital Expenditure for Food Preservation and Storage Unit; 2. Meeting Working Capital Requirements; 3. Adjustment of Unsecured Loans against the Entitlement of the Promoters; 4. Prepayment of Loans availed by the Company; and 5. General Corporate Purposes.
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