Bannari Amman Spinning Mills Rights Issue 2025 FAQ's

₹40.71 Crores | Listing at BSE, NSE | Tue, May 13, 2025 - Mon, May 26, 2025

Bannari Amman Spinning Mills Ltd. Rights Issue Date 2026 & Price FAQs

The timetable for Bannari Amman Spinning Mills Ltd. Rights Issue is as follows:

Last Date for credit of Rights EntitlementsTue, May 6, 2025
Last Date for renunciation of Rights EntitlementsMon, May 19, 2025
Issue Opening DateTue, May 13, 2025
Issue Closing DateMon, May 26, 2025
Date of Allotment (on or about)Fri, May 30, 2025
Date of Credit (on or about)Thu, Jun 5, 2025
Date of Listing (on or about)Mon, Jun 9, 2025

Bannari Amman Spinning Mills Rights Issue 2025 price is set at ₹27 per share. The Bannari Amman Spinning Mills Rights Issue 2025 opens on Tue, May 13, 2025, and closes on Mon, May 26, 2025, for the subscription.

The allotment of Bannari Amman Spinning Mills Rights Issue 2025 is expected to happen on or about May 30, 2025 as per the issue schedule.

Bannari Amman Spinning Mills Rights Issue 2025 listing date is 2025-06-06T00:00:00.000Z.

The credit of Bannari Amman Spinning Mills Rights Issue 2025 in Demat account is expected on or about June 5, 2025 as per the issue schedule.

Objects of the Issue:

The objects of the Issue are:

  1. Part Repayment or pre-payment of certain borrowings availed from Lenders by the Company.
  2. Part Repayment or pre-payment of Inter-Corporate Deposit availed by the Company from Murugan Enterprise Private Limited, one of the Promoters of our Company; and
  3. General Corporate purposes.

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