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Earum Pharmaceuticals Rights Issue 2023 Detail
Issue Open May 2, 2023
Issue Close May 31, 2023
Issue Size (Shares) 24.67 Crores
Issue Size (Amount) ₹49.34 Crores
Issue Price ₹2 per Share
Listing At BSE

Earum Pharmaceuticals Rights Issue 2023 Date & Price FAQs

Earum Pharmaceuticals Rights Issue 2023 Timetable

Last Date for credit of Rights EntitlementsApril 26, 2023
Last Date for renunciation of Rights EntitlementsMay 26, 2023
Issue Opening DateMay 2, 2023
Issue Closing DateMay 31, 2023
Allotment DateJune 20, 2023
Shares Credit DateJune 21, 2023
Listing DateJune 26, 2023

Earum Pharmaceuticals Rights Issue 2023 price is set at ₹2 per Share. The Earum Pharmaceuticals Rights Issue 2023 opens on May 2, 2023, and closes on May 31, 2023, for the subscription.

The allotment of Earum Pharmaceuticals Rights Issue 2023 is expected to happen on or about June 20, 2023 as per the issue schedule.

Earum Pharmaceuticals Rights Issue 2023 expected to list on or around June 26, 2023.

The credit of Earum Pharmaceuticals Rights Issue 2023 in Demat account is expected on or about June 21, 2023 as per the issue schedule.

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

  1. For working capital requirements.
  2. Repayment of loan.
  3. General corporate purposes.

It is difficult to say at what price Earum Pharmaceuticals Rights Issue 2023 shares will list. The price depends on the demand and supply of company's shares on the day of listing.

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