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Affordable Robotic & Automation Rights Issue 2024 Detail
Issue Open February 26, 2024
Issue Close March 7, 2024
Issue Size (Shares) 0.11 Crores
Issue Size (Amount) ₹48.00 Crores
Issue Price ₹450 per Share
Listing At BSE

Affordable Robotic & Automation Rights Issue 2024 Date & Price FAQs

Affordable Robotic & Automation Rights Issue 2024 Timetable

Last Date for credit of Rights EntitlementsMarch 6, 2024
Last Date for renunciation of Rights EntitlementsMarch 1, 2024
Issue Opening DateFebruary 26, 2024
Issue Closing DateMarch 7, 2024
Allotment DateMarch 15, 2024
Shares Credit DateMarch 18, 2024
Listing DateMarch 22, 2024

Affordable Robotic & Automation Rights Issue 2024 price is set at ₹450 per Share. The Affordable Robotic & Automation Rights Issue 2024 opens on February 26, 2024, and closes on March 7, 2024, for the subscription.

The allotment of Affordable Robotic & Automation Rights Issue 2024 is expected to happen on or about March 15, 2024 as per the issue schedule.

Affordable Robotic & Automation Rights Issue 2024 listing date is March 22, 2024.

The credit of Affordable Robotic & Automation Rights Issue 2024 in Demat account is expected on or about March 18, 2024 as per the issue schedule.

The company intends to utilize the proceeds from the Issue towards the funding of the following objects:

  1. Investment in Material Subsidiary i.e., ARAPL RaaS Private Limited for augmenting the working capital requirement; and
  2. To augment the existing and incremental working capital requirement of the company.

It is difficult to say at what price Affordable Robotic & Automation Rights Issue 2024 shares will list. The price depends on the demand and supply of company's shares on the day of listing.

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