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Balkrishna Paper Mills Rights Issue 2024 Detail
Issue Open April 2, 2024
Issue Close April 15, 2024
Issue Size (Shares) 2.15 Crores
Issue Size (Amount) ₹45.11 Crores
Issue Price ₹21 per Share
Listing At BSE, NSE

Balkrishna Paper Mills Rights Issue 2024 Date & Price FAQs

Balkrishna Paper Mills Rights Issue 2024 Timetable

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsApril 8, 2024
Issue Opening DateApril 2, 2024
Issue Closing DateApril 15, 2024
Allotment DateApril 22, 2024
Shares Credit DateApril 26, 2024
Listing DateMay 2, 2024

Balkrishna Paper Mills Rights Issue 2024 price is set at ₹21 per Share. The Balkrishna Paper Mills Rights Issue 2024 opens on April 2, 2024, and closes on April 15, 2024, for the subscription.

The allotment of Balkrishna Paper Mills Rights Issue 2024 is expected to happen on or about April 22, 2024 as per the issue schedule.

Balkrishna Paper Mills Rights Issue 2024 expected to list on or around May 2, 2024.

The credit of Balkrishna Paper Mills Rights Issue 2024 in Demat account is expected on or about April 26, 2024 as per the issue schedule.

The company proposes to utilize the net proceeds from the Issue towards funding the following objects:

  1. To repay or prepay, in full or in part, certain borrowings availed by the company;
  2. To repay towards redemption of Redeemable Preference shares Capital; and
  3. To meet General corporate purposes.

It is difficult to say at what price Balkrishna Paper Mills Rights Issue 2024 shares will list. The price depends on the demand and supply of company's shares on the day of listing.

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