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Marshall Machines Rights Issue 2023 Detail
Issue Open October 11, 2023
Issue Close October 26, 2023
Issue Size (Shares) 1.02 Crores
Issue Size (Amount) ₹45.63 Crores
Issue Price ₹45 per Share
Listing At NSE

Marshall Machines Rights Issue 2023 Date & Price FAQs

Marshall Machines Rights Issue 2023 Timetable

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsOctober 16, 2023
Issue Opening DateOctober 11, 2023
Issue Closing DateOctober 26, 2023
Allotment DateOctober 30, 2023
Shares Credit DateOctober 31, 2023
Listing DateNovember 6, 2023

Marshall Machines Rights Issue 2023 price is set at ₹45 per Share. The Marshall Machines Rights Issue 2023 opens on October 11, 2023, and closes on October 26, 2023, for the subscription.

The allotment of Marshall Machines Rights Issue 2023 is expected to happen on or about October 30, 2023 as per the issue schedule.

Marshall Machines Rights Issue 2023 expected to list on or around November 6, 2023.

The credit of Marshall Machines Rights Issue 2023 in Demat account is expected on or about October 31, 2023 as per the issue schedule.

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

  1. To meet Working Capital Requirements.
  2. Repayment of Loans.
  3. Acquisition of Technology.
  4. General Corporate Purposes.

It is difficult to say at what price Marshall Machines Rights Issue 2023 shares will list. The price depends on the demand and supply of company's shares on the day of listing.

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