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Franklin Industries Rights Issue 2024 Detail
Issue Open May 24, 2024
Issue Close June 11, 2024
Issue Size (Shares) 10.85 Crores
Issue Size (Amount) ₹38.83 Crores
Issue Price ₹4 per Share
Listing At BSE

Franklin Industries Rights Issue 2024 Date & Price FAQs

Franklin Industries Rights Issue 2024 Timetable

Last Date for credit of Rights EntitlementsMay 23, 2024
Last Date for renunciation of Rights EntitlementsMay 5, 2024
Issue Opening DateMay 24, 2024
Issue Closing DateJune 11, 2024
Allotment DateJune 15, 2024
Shares Credit DateJune 24, 2024
Listing DateJune 24, 2024

Franklin Industries Rights Issue 2024 price is set at ₹4 per Share. The Franklin Industries Rights Issue 2024 opens on May 24, 2024, and closes on June 11, 2024, for the subscription.

The allotment of Franklin Industries Rights Issue 2024 is expected to happen on or about June 15, 2024 as per the issue schedule.

Franklin Industries Rights Issue 2024 expected to list on or around June 24, 2024.

The credit of Franklin Industries Rights Issue 2024 in Demat account is expected on or about June 24, 2024 as per the issue schedule.

The Company proposes to utilize the net proceeds from the issue towards funding the following objects:

  1. Working capital requirement;
  2. General Corporate Purpose;
  3. To meet Issue Expenses.

It is difficult to say at what price Franklin Industries 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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