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Texel Industries Ltd Rights Issue Detail
Issue Open August 31, 2021
Issue Close September 14, 2021
Issue Size (Shares) 0.31 Crores
Issue Size (Amount) ₹12.49 Crores
Issue Price ₹40 per Share
Listing At BSE

Texel Industries Ltd Rights Issue Date & Price FAQs

Texel Industries Ltd Rights Issue Timetable

Last Date for credit of Rights EntitlementsAugust 30, 2021
Last Date for renunciation of Rights EntitlementsSeptember 8, 2021
Issue Opening DateAugust 31, 2021
Issue Closing DateSeptember 14, 2021
Allotment DateSeptember 21, 2021
Shares Credit DateSeptember 22, 2021
Listing DateSeptember 24, 2021

Texel Industries Ltd Rights Issue price is set at ₹40 per Share. The Texel Industries Ltd Rights Issue opens on August 31, 2021, and closes on September 14, 2021, for the subscription.

The allotment of Texel Industries Ltd Rights Issue is expected to happen on or about September 21, 2021 as per the issue schedule.

Texel Industries Ltd Rights Issue listing date is September 24, 2021.

The credit of Texel Industries Ltd Rights Issue in Demat account is expected on or about September 22, 2021 as per the issue schedule.

The Proceeds from the Issue will be utilized towards funding of the following objects: 1. Setting up new manufacturing facility at Kheda, Gujarat (Proposed Expansion). 2. General Corporate Purposes.

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

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