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Thambbi Modern Spinning Mills Rights Issue 2022 Detail
Issue Open December 29, 2022
Issue Close January 12, 2023
Issue Size (Shares) 0.58 Crores
Issue Size (Amount) ₹5.76 Crores
Issue Price ₹10 per Share
Listing At BSE

Thambbi Modern Spinning Mills Rights Issue 2022 Date & Price FAQs

Thambbi Modern Spinning Mills Rights Issue 2022 Timetable

Last Date for credit of Rights EntitlementsDecember 22, 2022
Last Date for renunciation of Rights EntitlementsJanuary 6, 2023
Issue Opening DateDecember 29, 2022
Issue Closing DateJanuary 12, 2023
Allotment DateJanuary 20, 2023
Shares Credit DateJanuary 24, 2023
Listing DateJanuary 25, 2023

Thambbi Modern Spinning Mills Rights Issue 2022 price is set at ₹10 per Share. The Thambbi Modern Spinning Mills Rights Issue 2022 opens on December 29, 2022, and closes on January 12, 2023, for the subscription.

The allotment of Thambbi Modern Spinning Mills Rights Issue 2022 is expected to happen on or about January 20, 2023 as per the issue schedule.

Thambbi Modern Spinning Mills Rights Issue 2022 expected to list on or around January 25, 2023.

The credit of Thambbi Modern Spinning Mills Rights Issue 2022 in Demat account is expected on or about January 24, 2023 as per the issue schedule.

The company proposes to utilize the net proceeds from the issue towards funding the following objects:

1) Part repayment or prepayment of unsecured loans availed by our Company from Ramasamy Udayar Jagadeesan, being a Promoter of the Company.

2) General Corporate Purposes

It is difficult to say at what price Thambbi Modern Spinning Mills 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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