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North Eastern Carrying Corp. Rights Issue 2023 Detail
Issue Open June 14, 2023
Issue Close July 11, 2023
Issue Size (Shares) 4.52 Crores
Issue Size (Amount) ₹81.32 Crores
Issue Price ₹18 per Share
Listing At BSE, NSE

North Eastern Carrying Corp. Rights Issue 2023 Date & Price FAQs

North Eastern Carrying Corp. Rights Issue 2023 Timetable

Last Date for credit of Rights EntitlementsJune 13, 2023
Last Date for renunciation of Rights EntitlementsJuly 6, 2023
Issue Opening DateJune 14, 2023
Issue Closing DateJuly 11, 2023
Allotment DateJuly 24, 2023
Shares Credit DateJuly 25, 2023
Listing DateJuly 27, 2023

North Eastern Carrying Corp. Rights Issue 2023 price is set at ₹18 per Share. The North Eastern Carrying Corp. Rights Issue 2023 opens on June 14, 2023, and closes on July 11, 2023, for the subscription.

The allotment of North Eastern Carrying Corp. Rights Issue 2023 is expected to happen on or about July 24, 2023 as per the issue schedule.

North Eastern Carrying Corp. Rights Issue 2023 expected to list on or around July 27, 2023.

The credit of North Eastern Carrying Corp. Rights Issue 2023 in Demat account is expected on or about July 25, 2023 as per the issue schedule.

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

  1. Construction and Development of Warehouse, and
  2. General Corporate Purpose.

It is difficult to say at what price North Eastern Carrying Corp. Rights Issue 2023 shares will list. The price depends on the demand and supply of company's shares on the day of listing.

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