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Sharat Industries Rights Issue 2024 Detail
Issue Open July 24, 2024
Issue Close August 7, 2024
Issue Size (Shares) 1.55 Crores
Issue Size (Amount) ₹48.18 Crores
Issue Price ₹31 per Share
Listing At BSE

Sharat Industries Rights Issue 2024 Date & Price FAQs

Sharat Industries Rights Issue 2024 Timetable

Last Date for credit of Rights EntitlementsJuly 19, 2024
Last Date for renunciation of Rights EntitlementsAugust 1, 2024
Issue Opening DateJuly 24, 2024
Issue Closing DateAugust 7, 2024
Allotment DateAugust 14, 2024
Shares Credit DateAugust 20, 2024
Listing DateAugust 22, 2024

Sharat Industries Rights Issue 2024 price is set at ₹31 per Share. The Sharat Industries Rights Issue 2024 opens on July 24, 2024, and closes on August 7, 2024, for the subscription.

The allotment of Sharat Industries Rights Issue 2024 is expected to happen on or about August 14, 2024 as per the issue schedule.

Sharat Industries Rights Issue 2024 listing date is August 22, 2024.

The credit of Sharat Industries Rights Issue 2024 in Demat account is expected on or about August 20, 2024 as per the issue schedule.

The Company intends to utilize the Net Proceeds from the Issue towards the following objectives:

  1. To augment the existing and incremental working capital requirement of the Company; and
  2. General Corporate Purpose.

It is difficult to say at what price Sharat Industries Rights Issue 2024 shares will list. The price depends on the demand and supply of company's shares on the day of listing.

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