Narmada Agrobase Limited Rights Issue Details
Rights Ratio | Face Value | Premium | Ex-Right Date | Record Date | Announcement Date |
|---|---|---|---|---|---|
| 9:5 | 10 | 5.00 | 13-09-2024 | 16-09-2024 | 11-07-2024 |
*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 Narmada Agrobase rights issue?
Existing shareholders of Narmada Agrobase 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 Narmada Agrobase rights issue?
Shareholders can apply for Narmada Agrobase 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 Narmada Agrobase mandatory for existing shareholders?
No! Participation in Narmada Agrobase rights issue is not mandatory, but voluntary. However, shareholders can choose to exercise their rights, sell them, or let them expire.
Has Narmada Agrobase announced any rights issues in the past?
Yes, Narmada Agrobase had its last rights issues on the record date: 16-09-2024. The rights ratio for this date was 9:5
What was the last rights issue price and ratio for Narmada Agrobase?
The last rights issue for Narmada Agrobase was on record date: 16-09-2024. The issue price was 15.00 and rights ratio was 9:5