Gujarat Natural Resources Rights Issue 2024 FAQ's

₹48.15 Crores | Listing at BSE | Thu, Dec 12, 2024 - Fri, Dec 20, 2024

Gujarat Natural Resources Limited Rights Issue Date 2026 & Price FAQs

The timetable for Gujarat Natural Resources Limited Rights Issue is as follows:

Last Date for credit of Rights EntitlementsMon, Dec 9, 2024
Last Date for renunciation of Rights EntitlementsSun, Nov 17, 2024
Issue Opening DateThu, Dec 12, 2024
Issue Closing DateFri, Dec 20, 2024
Date of Allotment (on or about)Thu, Dec 26, 2024
Date of Credit (on or about)Tue, Dec 31, 2024
Date of Listing (on or about)Wed, Jan 1, 2025

Gujarat Natural Resources Rights Issue 2024 price is set at ₹10 per share. The Gujarat Natural Resources Rights Issue 2024 opens on Thu, Dec 12, 2024, and closes on Fri, Dec 20, 2024, for the subscription.

The allotment of Gujarat Natural Resources Rights Issue 2024 is expected to happen on or about December 26, 2024 as per the issue schedule.

Gujarat Natural Resources Rights Issue 2024 listing date is 2025-01-03T00:00:00.000Z.

The credit of Gujarat Natural Resources Rights Issue 2024 in Demat account is expected on or about December 31, 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. Investment in the wholly owned subsidiary;
  2. Repayment of certain outstanding borrowings availed by the company;
  3. To meet General corporate purposes;

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