Nagreeka Exports Rights Issue 2024 FAQ's

Nagreeka Exports Rights Issue 2024 price is set at ₹20 per Share. The Nagreeka Exports Rights Issue 2024 opens on February 12, 2024, and closes on February 23, 2024, for the subscription.

The allotment of Nagreeka Exports Rights Issue 2024 is expected to happen on or about March 5, 2024 as per the issue schedule.

Nagreeka Exports Rights Issue 2024 expected to list on or around March 19, 2024.

The credit of Nagreeka Exports Rights Issue 2024 in Demat account is expected on or about March 14, 2024 as per the issue schedule.

The company intends to utilize the gross proceeds raised through the Issue after deducting the Issue related expenses (Net Proceeds) for the following objects:

1. Repayment of borrowings availed in the form of unsecured loans from our Promoters, Sushil Patwari and Sunil Ishwarlal Patwari;
2. Redemption of outstanding cumulative non-convertible redeemable preference shares held by the Promoter, Sushil Patwari;
3. Funding capital expenditure of the company; and
4. General corporate purposes.