Promax Power Limited Rights Issue
Promax Power Limited has not split the face value of the share since 29 Aug, 2023
Last updated on 25 Aug, 2026 | 11:06 IST
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FAQs
Who is eligible to apply for Promax Power Limited rights issue?
Existing shareholders of Promax Power Limited as of the record date are eligible to participate in a rights issue allowing them to purchase additional shares often at a discount.
How can existing shareholders apply for Promax Power Limited rights issue?
Shareholders can apply for Promax Power Limited rights issue by following the company instructions, typically by submitting an application form and making the payment within the specified period.
Is the rights issue of Promax Power Limited mandatory for existing shareholders?
No! Participation in Promax Power Limited rights issue is not mandatory, but voluntary. However, shareholders can choose to exercise their rights, sell them, or let them expire.
Has Promax Power Limited announced any rights issues in the past?
No, Promax Power Limited hasn’t had any right issues as of {{current_date}} in last 2023-2025
What was the last rights issue price and ratio for Promax Power Limited?
No, Promax Power Limited hasn’t had any right issues as of {{current_date}} in last 2023-2025