Raj Oil Mills Rights Issue 2023 FAQ's

₹44.97 Crores | Listing at BSE, NSE | Tue, Feb 21, 2023 - Tue, Mar 21, 2023

Raj Oil Mills Limited Rights Issue Date 2026 & Price FAQs

The timetable for Raj Oil Mills Limited Rights Issue is as follows:

Last Date for credit of Rights EntitlementsWed, Feb 15, 2023
Last Date for renunciation of Rights EntitlementsWed, Mar 15, 2023
Issue Opening DateTue, Feb 21, 2023
Issue Closing DateTue, Mar 21, 2023
Date of Allotment (on or about)Mon, Mar 20, 2023
Date of Credit (on or about)Thu, Mar 23, 2023
Date of Listing (on or about)Mon, Mar 27, 2023

Raj Oil Mills Rights Issue 2023 price is set at ₹30 per share. The Raj Oil Mills Rights Issue 2023 opens on Tue, Feb 21, 2023, and closes on Tue, Mar 21, 2023, for the subscription.

The allotment of Raj Oil Mills Rights Issue 2023 is expected to happen on or about March 20, 2023 as per the issue schedule.

Raj Oil Mills Rights Issue 2023 listing date is 2023-03-27T00:00:00.000Z.

The credit of Raj Oil Mills Rights Issue 2023 in Demat account is expected on or about March 23, 2023 as per the issue schedule.

Objects of the Issue:

The objects of the Issue are:

  1. Repayment or pre-payment in full or part, unsecured loans availed by our Company from Promoter, Promoter Group and Directors of our Company;
  2. To augment the existing and incremental working capital requirement of our Company; and
  3. General Corporate Purposes

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