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Suzlon Energy Rights Issue 2022 Detail
Issue Open October 11, 2022
Issue Close October 20, 2022
Issue Size (Shares) 240.00 Crores
Issue Size (Amount) ₹1,200.00 Crores
Issue Price ₹5 per Share
Listing At BSE, NSE

Suzlon Energy Rights Issue 2022 Date & Price FAQs

Suzlon Energy Rights Issue 2022 Timetable

Last Date for credit of Rights EntitlementsOctober 10, 2022
Last Date for renunciation of Rights EntitlementsOctober 14, 2022
Issue Opening DateOctober 11, 2022
Issue Closing DateOctober 20, 2022
Allotment DateOctober 31, 2022
Shares Credit DateNovember 1, 2022
Listing DateNovember 3, 2022

Suzlon Energy Rights Issue 2022 price is set at ₹5 per Share. The Suzlon Energy Rights Issue 2022 opens on October 11, 2022, and closes on October 20, 2022, for the subscription.

The allotment of Suzlon Energy Rights Issue 2022 is expected to happen on or about October 31, 2022 as per the issue schedule.

Suzlon Energy Rights Issue 2022 listing date is November 3, 2022.

The credit of Suzlon Energy Rights Issue 2022 in Demat account is expected on or about November 1, 2022 as per the issue schedule.

The proposed utilization of the Net Proceeds by the Company are following:

1. Repayment or pre-payment of a portion of certain outstanding borrowings availed by the Company and its Subsidiaries.

2. General corporate purposes

It is difficult to say at what price Suzlon Energy Rights Issue 2022 shares will list. The price depends on the demand and supply of company's shares on the day of listing.

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