Bannari Am Spin Mill Ltd. Rights Issue
Bannari Am Spin Mill Ltd. has announced 1 rights issues since 29 Aug, 2023, with the most recent issue declared on Nov 14, 2024 in the ratio of 10:43 at a price of ₹5 per share.
Last updated on 11 Aug, 2026 | 10:58 IST
Bannari Am Spin Mill . Rights Issue Details
Rights Ratio | Face Value  | Premium | Ex-Right Date | Record Date  | Announcement Date |
|---|---|---|---|---|---|
| 10:43 | 5 | 22.00 | 30-04-2025 | 30-04-2025 | 14-11-2024 |
*Disclaimer: The information listed is solely for research purposes and are not recommendations. Please conduct your own research before making any investment decisions.
FAQs
Who is eligible to apply for Bannari Am Spin Mill rights issue?
Existing shareholders of Bannari Am Spin Mill as of the record date are eligible to participate in a rights issue allowing them to purchase additional shares often at a discount.
How can existing shareholders apply for Bannari Am Spin Mill rights issue?
Shareholders can apply for Bannari Am Spin Mill rights issue by following the company instructions, typically by submitting an application form and making the payment within the specified period.
Is the rights issue of Bannari Am Spin Mill mandatory for existing shareholders?
No! Participation in Bannari Am Spin Mill rights issue is not mandatory, but voluntary. However, shareholders can choose to exercise their rights, sell them, or let them expire.
Has Bannari Am Spin Mill announced any rights issues in the past?
Yes, Bannari Am Spin Mill had its last rights issues on the record date: 30-04-2025. The rights ratio for this date was 10:43
What was the last rights issue price and ratio for Bannari Am Spin Mill?
The last rights issue for Bannari Am Spin Mill was on record date: 30-04-2025. The issue price was 27.00 and rights ratio was 10:43