Right Issue Status: Open [19th Jan 2023 to 2nd Feb 2023]
Pacific Industries Limited offers Right Issue size of Rs 47.90 Cr. Opening subscription from 19 Jan 2023 to 02 Feb 2023. The company issues 01 right equity shares for every 01 equity shares held on the record date of, 11 Jan 2023. The face value of a share is Rs. 10 per share and the right issue price is fixed at Rs.139 per share. Stay updated with us to know more about the Pacific Industries Limited Right Issue Details 2022 including issue size, right issue entitlement, terms of payment, and more.
This Company intends to utilize the Net Proceeds from the Issue towards the following objects:
|Pacific Industries Issue Details||Values|
|Right Issue Issue Size (Shares)||3,446,325 Eq Shares|
|Right Issue Issue Size (Amount)||₹Rs 47.90 Cr|
|Face Value||₹10 Per Equity Share|
|Right Issue - Issue Price||₹139 per share|
|Right Issue Record Date||11th Jan 2023|
|Right Issue Entitlement||One Rights Equity Share for every one fully paid-up Equity Share|
|Right Issue Terms of payment||The full amount is payable on application.|
In this section we have covered all important dates related to Pacific Industries Right Issue. Dates are updated as they are announced. The most noted dates are Right Issue start date and Right Issue end date, which one should use to participate in Right Issue.
|Right Issue Activity||Date|
|Right Issue Issue Open Date||19th Jan 2023|
|Right Issue Issue Close Date||2nd Feb 2023|
|Basis of Allotment Finalisation Date*||9th Feb 2023|
|Refunds Initiation*||10th Feb 2023|
|Credit of Shares to Demat Account*||13th Feb 2023|
|Right Issue Listing Date*||15th Feb 2023|
* - Tentative Dates
Pacific Industries Ltd was established in the year 1989 as a 100% export oriented unit by eminent industrialist Mr. J.P. Agrawal and today they are one of the leading quarry owners and processors of natural stones. With products like slabs, tiles, cut to size, they are enjoying their presence in over 40 countries. With its two processing units each at Bangalore and Udaipur they make sure that their customers have access to all the Indian colours at attractive prices.
Catering to high demand of quartz slab and quartz grit, and to offer best and consistent quality, they started quartz mining, quartz beneficiation and quartz engineered stone plant under the banner of "Taanj quartz".
Pacific Industries Ltd make sustainable efforts to provide elegant and durable varities of stones across the world. They are working with a professional team who establishes and maintain to deliver the highest-quality products and warmest customer service. Keeping innovation in mind they have processed innovative materials and finishes based on the most fierce market competition.
Past performance and financial results of Pacific Industries.
|Period Ended||Total Assets||Total Revenue||Profit After Tax|
|Amount in ₹ Crore|
Pacific Industries Right Issue Offer Document (Letter of Offer) >>Document
Pacific Industries Right Issue Online Application (Registrar & Transfer Agent) >>Online Application
Last Updated on 2023-01-16T10:57:37+00:00
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