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Gennex Laboratories Rights Issue 2022 Detail
Issue Open August 5, 2022
Issue Close August 19, 2022
Issue Size (Shares) 6.33 Crores
Issue Size (Amount) ₹37.95 Crores
Issue Price ₹6 per Share
Listing At BSE

Gennex Laboratories Rights Issue 2022 Date & Price FAQs

Gennex Laboratories Rights Issue 2022 Timetable

Last Date for credit of Rights EntitlementsAugust 4, 2022
Last Date for renunciation of Rights EntitlementsAugust 12, 2022
Issue Opening DateAugust 5, 2022
Issue Closing DateAugust 19, 2022
Allotment DateAugust 26, 2022
Shares Credit DateAugust 31, 2022
Listing DateSeptember 2, 2022

Gennex Laboratories Rights Issue 2022 price is set at ₹6 per Share. The Gennex Laboratories Rights Issue 2022 opens on August 5, 2022, and closes on August 19, 2022, for the subscription.

The allotment of Gennex Laboratories Rights Issue 2022 is expected to happen on or about August 26, 2022 as per the issue schedule.

Gennex Laboratories Rights Issue 2022 expected to list on or around September 2, 2022.

The credit of Gennex Laboratories Rights Issue 2022 in Demat account is expected on or about August 31, 2022 as per the issue schedule.

The Objects of the Issue are:

1. Meeting the Working capital requirement

2. Repayment of borrowings availed by the Company from lenders.

3. Further Investment in Deccan Remedies Ltd.,

4. General Corporate Purposes.

It is difficult to say at what price Gennex Laboratories Rights Issue 2022 shares will list. The price depends on the demand and supply of company's shares on the day of listing.

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