Oriental Trimex Rights Issue 2024 FAQ's

₹48.51 Crores | Listing at BSE, NSE | Thu, Sep 19, 2024 - Thu, Oct 10, 2024

Oriental Trimex Ltd. Rights Issue Date 2026 & Price FAQs

The timetable for Oriental Trimex Ltd. Rights Issue is as follows:

Last Date for credit of Rights EntitlementsWed, Sep 18, 2024
Last Date for renunciation of Rights EntitlementsFri, Sep 27, 2024
Issue Opening DateThu, Sep 19, 2024
Issue Closing DateThu, Oct 10, 2024
Date of Allotment (on or about)Thu, Oct 3, 2024
Date of Credit (on or about)Wed, Oct 9, 2024
Date of Listing (on or about)Fri, Oct 11, 2024

Oriental Trimex Rights Issue 2024 price is set at ₹11 per share. The Oriental Trimex Rights Issue 2024 opens on Thu, Sep 19, 2024, and closes on Thu, Oct 10, 2024, for the subscription.

The allotment of Oriental Trimex Rights Issue 2024 is expected to happen on or about October 3, 2024 as per the issue schedule.

Oriental Trimex Rights Issue 2024 is expected to list on or around October 11, 2024.

The credit of Oriental Trimex Rights Issue 2024 in Demat account is expected on or about October 9, 2024 as per the issue schedule.

Objects of the Issue:

The Company intends to utilize the Net Proceeds from this Issue towards the following objects:

  1. Working capital requirements of the Company
  2. To repay, in full or in part, the identified unsecured loan availed by the Company
  3. Capital Expenditure for setting up additional Machinery for Marble Block in Tamilnadu
  4. Development of quarry of ‘JET BLACK’ Granite in Odisha
  5. Capital Expenditure for construction of Showroom-cum-warehouse
  6. General corporate purposes

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