Silgo Retail Rights Issue 2024 FAQ's

Silgo Retail Rights Issue 2024 price is set at ₹25 per Share. The Silgo Retail Rights Issue 2024 opens on February 28, 2024, and closes on March 12, 2024, for the subscription.

The allotment of Silgo Retail Rights Issue 2024 is expected to happen on or about March 20, 2024 as per the issue schedule.

Silgo Retail Rights Issue 2024 expected to list on or around March 26, 2024.

The credit of Silgo Retail Rights Issue 2024 in Demat account is expected on or about March 20, 2024 as per the issue schedule.

The Net Proceeds from the Issue are proposed to be utilized by our Company for the objects set out below:

1. Repayment in full of unsecured loan availed from one of the Promoters, Mr. Nitin Jain;
2. Repayment/ Pre-payment of certain secured loan availed from lender of the company either in part or full;
3. To augment the existing and incremental working capital requirement of the company; and
4. General corporate purposes.