Shree Ajit Pulp and Paper Rights Issue 2024 FAQ's

₹28.57 Crores | Listing at BSE | Tue, Jan 30, 2024 - Tue, Feb 20, 2024

Shree Ajit Pulp and Paper Limited Rights Issue Date 2026 & Price FAQs

The timetable for Shree Ajit Pulp and Paper Limited Rights Issue is as follows:

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsFri, Feb 16, 2024
Issue Opening DateTue, Jan 30, 2024
Issue Closing DateTue, Feb 20, 2024
Date of Allotment (on or about)Wed, Feb 28, 2024
Date of Credit (on or about)Mon, Mar 4, 2024
Date of Listing (on or about)Tue, Mar 5, 2024

Shree Ajit Pulp and Paper Rights Issue 2024 price is set at ₹80 per share. The Shree Ajit Pulp and Paper Rights Issue 2024 opens on Tue, Jan 30, 2024, and closes on Tue, Feb 20, 2024, for the subscription.

The allotment of Shree Ajit Pulp and Paper Rights Issue 2024 is expected to happen on or about February 28, 2024 as per the issue schedule.

Shree Ajit Pulp and Paper Rights Issue 2024 is expected to list on or around March 5, 2024.

The credit of Shree Ajit Pulp and Paper Rights Issue 2024 in Demat account is expected on or about March 4, 2024 as per the issue schedule.

Objects of the Issue:

The company intend to utilise the gross proceeds raised through the Issue for the following objects:

  1. To meet long-term working capital requirements; and
  2. General Corporate Purposes.

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