SAR Televenture Rights Issue 2024 FAQ's

SAR Televenture Rights Issue 2024 price is set at ₹200 per Share. The SAR Televenture Rights Issue 2024 opens on July 15, 2024, and closes on July 22, 2024, for the subscription.

The allotment of SAR Televenture Rights Issue 2024 is expected to happen on or about July 25, 2024 as per the issue schedule.

SAR Televenture Rights Issue 2024 listing date is July 30, 2024.

The credit of SAR Televenture Rights Issue 2024 in Demat account is expected on or about July 29, 2024 as per the issue schedule.

The company proposes to utilize the Net Proceeds towards funding the following objects:

1. Funding setting up of Fiber-to-the-Home (FTTH) network solutions for 3,00,000 Home Passes;
2. Funding setting up of an additional 1000 number of 4G/5G telecom towers;
3. Funding incremental working capital requirement of the company; and
4. General Corporate purposes.