Ashnoor Textile Mills Rights Issue 2024 FAQ's

₹6.37 Crores | Listing at BSE | Tue, May 7, 2024 - Thu, May 16, 2024

Ashnoor Textile Mills Ltd. Rights Issue Date 2026 & Price FAQs

The timetable for Ashnoor Textile Mills Ltd. Rights Issue is as follows:

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsMon, May 13, 2024
Issue Opening DateTue, May 7, 2024
Issue Closing DateThu, May 16, 2024
Date of Allotment (on or about)Fri, May 24, 2024
Date of Credit (on or about)Thu, May 30, 2024
Date of Listing (on or about)Mon, Jun 3, 2024

Ashnoor Textile Mills Rights Issue 2024 price is set at ₹20 per share. The Ashnoor Textile Mills Rights Issue 2024 opens on Tue, May 7, 2024, and closes on Thu, May 16, 2024, for the subscription.

The allotment of Ashnoor Textile Mills Rights Issue 2024 is expected to happen on or about May 24, 2024 as per the issue schedule.

Ashnoor Textile Mills Rights Issue 2024 is expected to list on or around June 3, 2024.

The credit of Ashnoor Textile Mills Rights Issue 2024 in Demat account is expected on or about May 30, 2024 as per the issue schedule.

Objects of the Issue:

The company intends to utilize the Net Proceeds from this Issue towards funding the following objects:

➢ Adjustment of unsecured loans against the entitlement of the promoters of the Company; and

➢ General Corporate Purposes.

➢ To meet the Rights Issue Expenses

It is difficult to predict the exact listing price of Ashnoor Textile Mills Ltd. 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 Ashnoor Textile Mills Ltd. which could help you with questions like whether to subscribe or not. Consider reading Ashnoor Textile Mills Ltd. reviews and analysis from experts posted on the Rights Issue detail page.