Ajooni Biotech Rights Issue 2024 FAQ's

₹43.81 Crores | Listing at NSE | Tue, May 21, 2024 - Fri, May 31, 2024

Ajooni Biotech Limited Rights Issue Date 2026 & Price FAQs

The timetable for Ajooni Biotech Limited Rights Issue is as follows:

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsMon, May 27, 2024
Issue Opening DateTue, May 21, 2024
Issue Closing DateFri, May 31, 2024
Date of Allotment (on or about)Thu, Jun 6, 2024
Date of Credit (on or about)Tue, Jun 11, 2024
Date of Listing (on or about)Fri, Jun 14, 2024

Ajooni Biotech Rights Issue 2024 price is set at ₹5 per share. The Ajooni Biotech Rights Issue 2024 opens on Tue, May 21, 2024, and closes on Fri, May 31, 2024, for the subscription.

The allotment of Ajooni Biotech Rights Issue 2024 is expected to happen on or about June 6, 2024 as per the issue schedule.

Ajooni Biotech Rights Issue 2024 is expected to list on or around June 14, 2024.

The credit of Ajooni Biotech Rights Issue 2024 in Demat account is expected on or about June 11, 2024 as per the issue schedule.

Objects of the Issue:

The Company proposes to utilize the proceeds from the Issue towards funding the following objects.

  1. To Finance Expenditure towards Acquisition of Land, Site Development and Other Civil Work;
  2. To Acquire the Plant & Machinery;
  3. To part finance the working capital requirement; corporate purposes;
  4. To meet the expenses of the Issue.

It is difficult to predict the exact listing price of Ajooni Biotech Limited Rights Issue shares. The price depends on the demand and supply of the company's shares on the day of listing.

We do not provide Rights Issue recommendations. However, we share a lot of information about Ajooni Biotech Limited which could help you with questions like whether to subscribe or not. Consider reading Ajooni Biotech Limited reviews and analysis from experts posted on the Rights Issue detail page.