Marshall Machines Rights Issue 2023 FAQ's

₹45.63 Crores | Listing at NSE | Wed, Oct 11, 2023 - Thu, Oct 26, 2023

Marshall Machines Limited Rights Issue Date 2026 & Price FAQs

The timetable for Marshall Machines Limited Rights Issue is as follows:

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsMon, Oct 16, 2023
Issue Opening DateWed, Oct 11, 2023
Issue Closing DateThu, Oct 26, 2023
Date of Allotment (on or about)Mon, Oct 30, 2023
Date of Credit (on or about)Tue, Oct 31, 2023
Date of Listing (on or about)Mon, Nov 6, 2023

Marshall Machines Rights Issue 2023 price is set at ₹44.8 per share. The Marshall Machines Rights Issue 2023 opens on Wed, Oct 11, 2023, and closes on Thu, Oct 26, 2023, for the subscription.

The allotment of Marshall Machines Rights Issue 2023 is expected to happen on or about October 30, 2023 as per the issue schedule.

Marshall Machines Rights Issue 2023 is expected to list on or around November 6, 2023.

The credit of Marshall Machines Rights Issue 2023 in Demat account is expected on or about October 31, 2023 as per the issue schedule.

Objects of the Issue:

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

  1. To meet Working Capital Requirements.
  2. Repayment of Loans.
  3. Acquisition of Technology.
  4. General Corporate Purposes.

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