Swiss Military Consumer Goods Rights Issue 2024 FAQ's

Swiss Military Consumer Goods Rights Issue 2024 price is set at ₹12 per Share. The Swiss Military Consumer Goods Rights Issue 2024 opens on August 23, 2024, and closes on September 6, 2024, for the subscription.

The allotment of Swiss Military Consumer Goods Rights Issue 2024 is expected to happen on or about September 18, 2024 as per the issue schedule.

Swiss Military Consumer Goods Rights Issue 2024 expected to list on or around September 24, 2024.

The credit of Swiss Military Consumer Goods Rights Issue 2024 in Demat account is expected on or about September 19, 2024 as per the issue schedule.

The objects of the Issue are:

• To meet the incremental working capital requirement of the Company;
• To invest/infuse funds in our newly incorporated wholly owned subsidiary namely SM Travel Gear Private Limited, for the acquisition of plant & machinery for a new manufacturing facility dedicated to producing high quality luggage & travel gear and also to meet the working capital requirements of the new plant;
• Adjustment of unsecured loans against the entitlement of Promoter;
• General Corporate Purposes