Nagreeka Exports Rights Issue 2024 FAQ's

₹37.50 Crores | Listing at BSE, NSE | Mon, Feb 12, 2024 - Fri, Feb 23, 2024

Nagreeka Exports Ltd. Rights Issue Date 2026 & Price FAQs

The timetable for Nagreeka Exports Ltd. Rights Issue is as follows:

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsMon, Feb 19, 2024
Issue Opening DateMon, Feb 12, 2024
Issue Closing DateFri, Feb 23, 2024
Date of Allotment (on or about)Tue, Mar 5, 2024
Date of Credit (on or about)Thu, Mar 14, 2024
Date of Listing (on or about)Tue, Mar 19, 2024

Nagreeka Exports Rights Issue 2024 price is set at ₹20 per share. The Nagreeka Exports Rights Issue 2024 opens on Mon, Feb 12, 2024, and closes on Fri, Feb 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 is 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.

Objects of the Issue:

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.

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