Wockhardt Rights Issue FAQ's

₹748.00 Crores | Listing at BSE, NSE | Tue, Mar 15, 2022 - Tue, Mar 22, 2022

Wockhardt Ltd Rights Issue Date 2026 & Price FAQs

The timetable for Wockhardt Ltd Rights Issue is as follows:

Last Date for credit of Rights EntitlementsFri, Mar 11, 2022
Last Date for renunciation of Rights EntitlementsWed, Mar 16, 2022
Issue Opening DateTue, Mar 15, 2022
Issue Closing DateTue, Mar 22, 2022
Date of Allotment (on or about)Wed, Mar 30, 2022
Date of Credit (on or about)Fri, Apr 1, 2022
Date of Listing (on or about)Mon, Apr 4, 2022

Wockhardt Rights Issue price is set at ₹225 per share. The Wockhardt Rights Issue opens on Tue, Mar 15, 2022, and closes on Tue, Mar 22, 2022, for the subscription.

The allotment of Wockhardt Rights Issue is expected to happen on or about March 30, 2022 as per the issue schedule.

Wockhardt Rights Issue is expected to list on or around April 4, 2022.

The credit of Wockhardt Rights Issue in Demat account is expected on or about April 1, 2022 as per the issue schedule.

Objects of the Issue:

The company aims to utilize the proceed from the right issue for the following purposes;

  1. To make repayment of subordinated debt and company's borrowings including interest partially or fully.
  2. General corporate purposes.

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