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Issue Open | November 7, 2024 |
Issue Close | November 22, 2024 |
Issue Size (Shares) | 1.13 Crores |
Issue Size (Amount) | ₹249.70 Crores |
Issue Price | ₹220 per Share |
Listing At | BSE, NSE |
Hindware Home Innovation Rights Issue 2024 Timetable
Last Date for credit of Rights Entitlements | November 6, 2024 |
Last Date for renunciation of Rights Entitlements | November 18, 2024 |
Issue Opening Date | November 7, 2024 |
Issue Closing Date | November 22, 2024 |
Allotment Date | November 27, 2024 |
Shares Credit Date | December 2, 2024 |
Listing Date | December 4, 2024 |
Hindware Home Innovation Rights Issue 2024 price is set at ₹220 per Share. The Hindware Home Innovation Rights Issue 2024 opens on November 7, 2024, and closes on November 22, 2024, for the subscription.
The allotment of Hindware Home Innovation Rights Issue 2024 is expected to happen on or about November 27, 2024 as per the issue schedule.
Hindware Home Innovation Rights Issue 2024 expected to list on or around December 4, 2024.
The credit of Hindware Home Innovation Rights Issue 2024 in Demat account is expected on or about December 2, 2024 as per the issue schedule.
The Company proposes to utilize the Net Proceeds from the Issue towards funding of the following objects:
1. Lending of fresh loans to Hindware Limited (HL, one of the subsidiaries of the Company) to facilitate them to repay / pre-pay in full or part of secured working capital loans availed by them from Banking institutions;
2. Repayment or pre-payment, in full or in part, of all or a portion of certain borrowing availed by the Company.
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