North Eastern Carrying Corp. Rights Issue 2023 FAQ's

₹81.32 Crores | Listing at BSE, NSE | Wed, Jun 14, 2023 - Tue, Jul 11, 2023

North Eastern Carrying Corporation Limited Rights Issue Date 2026 & Price FAQs

The timetable for North Eastern Carrying Corporation Limited Rights Issue is as follows:

Last Date for credit of Rights EntitlementsTue, Jun 13, 2023
Last Date for renunciation of Rights EntitlementsThu, Jul 6, 2023
Issue Opening DateWed, Jun 14, 2023
Issue Closing DateTue, Jul 11, 2023
Date of Allotment (on or about)Mon, Jul 24, 2023
Date of Credit (on or about)Tue, Jul 25, 2023
Date of Listing (on or about)Thu, Jul 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 Wed, Jun 14, 2023, and closes on Tue, Jul 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 is 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.

Objects of the Issue:

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 predict the exact listing price of North Eastern Carrying Corporation 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 North Eastern Carrying Corporation Limited which could help you with questions like whether to subscribe or not. Consider reading North Eastern Carrying Corporation Limited reviews and analysis from experts posted on the Rights Issue detail page.