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Spectrum Foods Rights Issue 2024 Detail
Issue Open April 8, 2024
Issue Close April 22, 2024
Issue Size (Shares) 1.94 Crores
Issue Size (Amount) ₹38.79 Crores
Issue Price ₹20 per Share
Listing At BSE

Spectrum Foods Rights Issue 2024 Date & Price FAQs

Spectrum Foods Rights Issue 2024 Timetable

Last Date for credit of Rights EntitlementsApril 5, 2024
Last Date for renunciation of Rights EntitlementsApril 17, 2024
Issue Opening DateApril 8, 2024
Issue Closing DateApril 22, 2024
Allotment DateMay 3, 2024
Shares Credit DateMay 9, 2024
Listing DateMay 10, 2024

Spectrum Foods Rights Issue 2024 price is set at ₹20 per Share. The Spectrum Foods Rights Issue 2024 opens on April 8, 2024, and closes on April 22, 2024, for the subscription.

The allotment of Spectrum Foods Rights Issue 2024 is expected to happen on or about May 3, 2024 as per the issue schedule.

Spectrum Foods Rights Issue 2024 listing date is May 10, 2024.

The credit of Spectrum Foods Rights Issue 2024 in Demat account is expected on or about May 9, 2024 as per the issue schedule.

The intended use of the Net Proceeds of the Issue by the Company is outlined below:

  1. To augment the existing and incremental working capital requirement of the company
  2. General Corporate Purposes

It is difficult to say at what price Spectrum Foods 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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