Modern Engineering and Projects Rights Issue 2024 FAQ's

₹49.44 Crores | Listing at BSE | Thu, Sep 5, 2024 - Wed, Sep 25, 2024

Modern Engineering and Projects Limited Rights Issue Date 2026 & Price FAQs

The timetable for Modern Engineering and Projects Limited Rights Issue is as follows:

Modern Engineering and Projects Rights Issue 2024 price is set at ₹40 per share. The Modern Engineering and Projects Rights Issue 2024 opens on Thu, Sep 5, 2024, and closes on Wed, Sep 25, 2024, for the subscription.

The Modern Engineering and Projects Rights Issue 2024 allotment data is not available at this time.

The Modern Engineering and Projects Rights Issue 2024 listing data is not available at this time.

The date for credit of Modern Engineering and Projects Rights Issue 2024 shares in Demat account is not available at this time.

Objects of the Issue:

The Company proposes to utilize the Net Proceeds towards funding the following Objects:

  1. Towards purchase of fixed assets/ Machinery
  2. Towards repayment/prepayment of unsecured loan
  3. Augmenting our Working Capital Requirements; and
  4. General Corporate Purposes.

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