India Glycols Ltd to raise upto Rs. 250 crore

The Board of Directors of India Glycols Ltd in its meeting held today i.e. 1st May, 2018, considered and approved raising of funds, subject to the approval of the members, for an amount not exceeding Rs. 250 Crore (Rupees Two Hundred Fifty Crore) or its equivalent in any other currency, by way of issuance of securities including through public offering / private placement / qualified institutional placement or otherwise.

The above said Board Meeting commenced at 15.45 Hrs. and concluded at 18.25 Hrs.

Shares of INDIA GLYCOLS LTD. was last trading in BSE at Rs.603.15 as compared to the previous close of Rs. 581.1. The total number of shares traded during the day was 83491 in over 2104 trades.

The stock hit an intraday high of Rs. 608.65 and intraday low of 584. The net turnover during the day was Rs. 49904670.

Source : Equity Bulls

Keywords