FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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Issue Open | April 6, 2021 |
Issue Close | April 13, 2021 |
Issue Size (Shares) | 11.67 Crores |
Issue Size (Amount) | ₹1,283.65 Crores |
Issue Price | ₹110 per Share |
Listing At | BSE, NSE |
India Grid Trust Rights Issue Timetable
Last Date for credit of Rights Entitlements | April 5, 2021 |
Last Date for renunciation of Rights Entitlements | April 8, 2021 |
Issue Opening Date | April 6, 2021 |
Issue Closing Date | April 13, 2021 |
Allotment Date | April 20, 2021 |
Shares Credit Date | April 22, 2021 |
Listing Date | April 23, 2021 |
India Grid Trust Rights Issue price is set at ₹110 per Share. The India Grid Trust Rights Issue opens on April 6, 2021, and closes on April 13, 2021, for the subscription.
The allotment of India Grid Trust Rights Issue is expected to happen on or about April 20, 2021 as per the issue schedule.
India Grid Trust Rights Issue expected to list on or around April 23, 2021.
The credit of India Grid Trust Rights Issue in Demat account is expected on or about April 22, 2021 as per the issue schedule.
The Net Proceeds will be utilised for : (i) Acquisition of 26% of the issued, subscribed and paid-up equity share capital of NER (NER II Transmission Limited), either directly or indirectly from the Sterlite Sponsor; (ii) Partial repayment of the outstanding external debt of OGPTL (Odisha Generation Phase - II Transmission Limited) and GPTL (Gurgaon Palwal Transmission Limited) and debt proposed to be availed by IndiGrid; and (iii) General purposes.
Rs 0 Account Opening Fee
Free Eq Delivery & MF
Flat ₹20 Per Trade in F&O
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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