Mercury Trade Links Rights Issue 2024 FAQ's

₹9.90 Crores | Listing at BSE | Mon, Mar 11, 2024 - Thu, Mar 21, 2024

Mercury Trade Links Ltd. Rights Issue Date 2026 & Price FAQs

The timetable for Mercury Trade Links Ltd. Rights Issue is as follows:

Last Date for credit of Rights EntitlementsWed, Mar 6, 2024
Last Date for renunciation of Rights EntitlementsFri, Mar 15, 2024
Issue Opening DateMon, Mar 11, 2024
Issue Closing DateThu, Mar 21, 2024
Date of Allotment (on or about)Thu, Mar 28, 2024
Date of Credit (on or about)Tue, Apr 2, 2024
Date of Listing (on or about)Fri, Apr 5, 2024

Mercury Trade Links Rights Issue 2024 price is set at ₹40 per share. The Mercury Trade Links Rights Issue 2024 opens on Mon, Mar 11, 2024, and closes on Thu, Mar 21, 2024, for the subscription.

The allotment of Mercury Trade Links Rights Issue 2024 is expected to happen on or about March 28, 2024 as per the issue schedule.

Mercury Trade Links Rights Issue 2024 listing date is 2024-04-05T00:00:00.000Z.

The credit of Mercury Trade Links Rights Issue 2024 in Demat account is expected on or about April 2, 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. Working capital requirement;
  2. General Corporate Purpose; and
  3. To meet Issue Expenses.

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