Chambal Fertilisers to trade ex-buyback, Shree Ajit Pulp shares to trade ex-rights today

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Key Points

Shares of Chambal Fertilisers & Chemicals Ltd and Shree Ajit Pulp And Paper Ltd will be in focus when the stock market opens on Thursday, January 18..

The Board of Directors of these companies have declared buyback of shares and rights issue for the eligible shareholders.. Chambal Fertilisers & Chemicals: The company has declared buyback of shares worth 700 crore..

The record date to ascertain the eligibility of shareholders for the share buyback has been fixed on January 18..

In a stock exchange filing, Chambal Fertilisers & Chemicals said: .the Board of Directors of the Company approved the buyback of up to 1,55,55,555 fully paid-up equity shares of the Company of face value of Rs. 10/- for an aggregate consideration not exceeding Rs..

In a stock exchange filing, Shree Ajit Pulp And Paper said: the Company has fixed Thursday, January 18, 2024 as the record date for the purpose of determining names of the shareholders of the Company eligible to apply for the Equity Shares in the proposed Rights Issue of the Company.".

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