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Piramal Pharma Rights Issue 2023 Detail
Issue Open August 8, 2023
Issue Close August 17, 2023
Issue Size (Shares) 12.96 Crores
Issue Size (Amount) ₹1,050.00 Crores
Issue Price ₹81 per Share
Listing At BSE, NSE

Piramal Pharma Rights Issue 2023 Date & Price FAQs

Piramal Pharma Rights Issue 2023 Timetable

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsAugust 10, 2023
Issue Opening DateAugust 8, 2023
Issue Closing DateAugust 17, 2023
Allotment DateAugust 23, 2023
Shares Credit DateAugust 24, 2023
Listing DateAugust 28, 2023

Piramal Pharma Rights Issue 2023 price is set at ₹81 per Share. The Piramal Pharma Rights Issue 2023 opens on August 8, 2023, and closes on August 17, 2023, for the subscription.

The allotment of Piramal Pharma Rights Issue 2023 is expected to happen on or about August 23, 2023 as per the issue schedule.

Piramal Pharma Rights Issue 2023 listing date is August 28, 2023.

The credit of Piramal Pharma Rights Issue 2023 in Demat account is expected on or about August 24, 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. Repayment or prepayment, in full or in part, of certain borrowings, and
  2. General corporate purposes.

It is difficult to say at what price Piramal Pharma 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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