Right Issue Status: Closed [16th Jun 2022 to 1st Jul 2022]
Satyam Silk Mills Right Issue Rs. 3.68 Cr opens for subscription from 16 June to 1 July 2022. The company issues 5 rights equity shares for every 1 fully paid-up equity shares held on the record date, 6 June 2022. The face value of a share is Rs. 10 per share and the right issue price is fixed at Rs. 10 per share. The full amount of Rs. 10 per rights equity share is payable on the application. Stay updated with us to know more about the Satyam Silk Mills Right Issue Details 2022 including issue size, right issue entitlement, terms of payment, and more.
The company aims to raise funds from the right issue towards the following objectives;
|Satyam Silk Mills Issue Details||Values|
|Right Issue Issue Size (Shares)||0.37 crores Eq Shares|
|Right Issue Issue Size (Amount)||₹3.68 crores|
|Face Value||₹10 Per Equity Share|
|Right Issue - Issue Price||₹10 per share|
|Right Issue Record Date||6th Jun 2022|
|Right Issue Entitlement||5 Rights Equity Shares for every 1 fully paid-up Equity Shares held on the Record Date|
|Right Issue Terms of payment||The entire amount of the Issue Price of Rs 10 per Rights Equity Share shall be payable at the time of Application.|
In this section we have covered all important dates related to Satyam Silk Mills 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||16th Jun 2022|
|Right Issue Issue Close Date||1st Jul 2022|
|Basis of Allotment Finalisation Date*||6th Jul 2022|
|Refunds Initiation*||6th Jul 2022|
|Credit of Shares to Demat Account*||7th Jul 2022|
|Right Issue Listing Date*||12th Jul 2022|
* - Tentative Dates
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Satyam Silk Mills is engaged in the business of renting real estate properties. It has invested in properties located across Mumbai, Maharashtra to provide lease facilities to generate rental income.
Past performance and financial results of Satyam Silk Mills.
|Satyam Silk Mills Financials (₹ in Lakh)||31-Mar-2022||31-Mar-2021|
Satyam Silk Mills Right Issue Offer Document (Letter of Offer) >>Document
Satyam Silk Mills Right Issue Online Application (Registrar & Transfer Agent) >>Online Application
Last Updated on 2022-06-27T16:36:37+00:00
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