Arvind Fashions Rights Issue Detail
Issue Open Mar 4, 2021
Issue Close Mar 18, 2021
Issue Size (Shares) 1.48 Crores
Issue Size (Amount) ₹199.84 Crores
Issue Price ₹135 per Share
Listing At BSE

Arvind Fashions Rights Issue Date & Price FAQs

Arvind Fashions Rights Issue Timetable

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsMar 12, 2021
Issue Opening DateMar 4, 2021
Issue Closing DateMar 18, 2021
Allotment DateMar 25, 2021
Shares Credit DateMar 26, 2021
Listing DateMar 31, 2021

Arvind Fashions Rights Issue price is set at ₹135 per Share. The Arvind Fashions Rights Issue opens on Mar 4, 2021, and closes on Mar 18, 2021, for the subscription.

The allotment of Arvind Fashions Rights Issue is expected to happen on or about Mar 25, 2021 as per the issue schedule.

Arvind Fashions Rights Issue expected to list on or around Mar 31, 2021.

The credit of Arvind Fashions Rights Issue in Demat account is expected on or about Mar 26, 2021 as per the issue schedule.

The Net Proceeds from the Issue are proposed to be utilized towards: i) Full or part prepayment/repayment of certain borrowings availed by the Company. ii) Full or part repayment/repayment of certain borrowings availed by the Companys wholly-owned subsidiary - Arvind Lifestyle Brands Limited. iii) General corporate purposes.

It is difficult to say at what price Arvind Fashions Rights Issue shares will list. The price depends on the demand and supply of companys shares on the day of listing.

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