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Oriental Trimex Rights Issue 2024 Detail
Issue Open September 19, 2024
Issue Close October 10, 2024
Issue Size (Shares) 4.41 Crores
Issue Size (Amount) ₹48.51 Crores
Issue Price ₹11 per Share
Listing At BSE, NSE

Oriental Trimex Rights Issue 2024 Date & Price FAQs

Oriental Trimex Rights Issue 2024 Timetable

Last Date for credit of Rights EntitlementsSeptember 18, 2024
Last Date for renunciation of Rights EntitlementsSeptember 27, 2024
Issue Opening DateSeptember 19, 2024
Issue Closing DateOctober 10, 2024
Allotment DateOctober 3, 2024
Shares Credit DateOctober 9, 2024
Listing DateOctober 11, 2024

Oriental Trimex Rights Issue 2024 price is set at ₹11 per Share. The Oriental Trimex Rights Issue 2024 opens on September 19, 2024, and closes on October 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 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.

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 say at what price Oriental Trimex Rights Issue 2024 shares will list. The price depends on the demand and supply of company's shares on the day of listing.

Sorry, we do not provide rights issue's recommendations. But we share a lot of information about Oriental Trimex Rights Issue 2024 which could help you with questions like Oriental Trimex Rights Issue 2024 buy or not? Consider reading Oriental Trimex Rights Issue 2024 reviews and analysis from experts posted on rights issue detail page.

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