Narmada Agrobase Rights Issue 2024 FAQ's

₹36.58 Crores | Listing at BSE, NSE | Mon, Sep 30, 2024 - Wed, Oct 9, 2024

Narmada Agrobase Limited Rights Issue Date 2026 & Price FAQs

The timetable for Narmada Agrobase Limited Rights Issue is as follows:

Last Date for credit of Rights EntitlementsFri, Sep 27, 2024
Last Date for renunciation of Rights EntitlementsThu, Oct 3, 2024
Issue Opening DateMon, Sep 30, 2024
Issue Closing DateWed, Oct 9, 2024
Date of Allotment (on or about)Wed, Oct 16, 2024
Date of Credit (on or about)Tue, Oct 22, 2024
Date of Listing (on or about)Thu, Oct 24, 2024

Narmada Agrobase Rights Issue 2024 price is set at ₹15 per share. The Narmada Agrobase Rights Issue 2024 opens on Mon, Sep 30, 2024, and closes on Wed, Oct 9, 2024, for the subscription.

The allotment of Narmada Agrobase Rights Issue 2024 is expected to happen on or about October 16, 2024 as per the issue schedule.

Narmada Agrobase Rights Issue 2024 is expected to list on or around October 24, 2024.

The credit of Narmada Agrobase Rights Issue 2024 in Demat account is expected on or about October 22, 2024 as per the issue schedule.

Objects of the Issue:

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

  1. To finance expenditure towards the Acquisition of Land, Construction of Oil Mill Plant & other civil works and Purchase of Plant & Machineries;
  2. Incremental Working Capital Requirements; and
  3. General Corporate Purpose.

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