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Tilak Ventures Rights Issue Detail
Issue Open February 28, 2022
Issue Close March 15, 2022
Issue Size (Shares) 9.64 Crores
Issue Size (Amount) ₹48.18 Crores
Issue Price ₹5 per Share
Listing At BSE

Tilak Ventures Rights Issue Date & Price FAQs

Tilak Ventures Rights Issue Timetable

Last Date for credit of Rights EntitlementsFebruary 25, 2022
Last Date for renunciation of Rights EntitlementsMarch 8, 2022
Issue Opening DateFebruary 28, 2022
Issue Closing DateMarch 15, 2022
Allotment DateMarch 28, 2022
Shares Credit DateMarch 29, 2022
Listing DateApril 5, 2022

Tilak Ventures Rights Issue price is set at ₹5 per Share. The Tilak Ventures Rights Issue opens on February 28, 2022, and closes on March 15, 2022, for the subscription.

The allotment of Tilak Ventures Rights Issue is expected to happen on or about March 28, 2022 as per the issue schedule.

Tilak Ventures Rights Issue listing date is April 5, 2022.

The credit of Tilak Ventures Rights Issue in Demat account is expected on or about March 29, 2022 as per the issue schedule.

The right issue proceeds will be utilized towards the following objectives;

  • Meet working capital requirements.
  • To meet issue related expenses.
  • General corporate purposes.

It is difficult to say at what price Tilak Ventures 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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