Balkrishna Paper Mills Rights Issue 2024 FAQ's

₹45.11 Crores | Listing at BSE, NSE | Tue, Apr 2, 2024 - Mon, Apr 15, 2024

Balkrishna Paper Mills Ltd Rights Issue Date 2026 & Price FAQs

The timetable for Balkrishna Paper Mills Ltd Rights Issue is as follows:

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsMon, Apr 8, 2024
Issue Opening DateTue, Apr 2, 2024
Issue Closing DateMon, Apr 15, 2024
Date of Allotment (on or about)Mon, Apr 22, 2024
Date of Credit (on or about)Fri, Apr 26, 2024
Date of Listing (on or about)Thu, May 2, 2024

Balkrishna Paper Mills Rights Issue 2024 price is set at ₹21 per share. The Balkrishna Paper Mills Rights Issue 2024 opens on Tue, Apr 2, 2024, and closes on Mon, Apr 15, 2024, for the subscription.

The allotment of Balkrishna Paper Mills Rights Issue 2024 is expected to happen on or about April 22, 2024 as per the issue schedule.

Balkrishna Paper Mills Rights Issue 2024 is expected to list on or around May 2, 2024.

The credit of Balkrishna Paper Mills Rights Issue 2024 in Demat account is expected on or about April 26, 2024 as per the issue schedule.

Objects of the Issue:

The company proposes to utilize the net proceeds from the Issue towards funding the following objects:

  1. To repay or prepay, in full or in part, certain borrowings availed by the company;
  2. To repay towards redemption of Redeemable Preference shares Capital; and
  3. To meet General corporate purposes.

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