Stake Sale

REI Agro raises $105 million through FCCBs Issue



Posted On : 2009-11-13 01:50:51( TIMEZONE : IST )

REI Agro raises $105 million through FCCBs Issue

REI Agro Ltd has announced that the Company has successfully raised USD 105 Million (United State Dollars Hundred and five Million Only) by issuing 105000 Foreign Currency Convertible Bonds of face value of USD 1000 each.

The stock was trading at Rs.46.10, up by Rs.0.30 or 0.66%. The stock hit an intraday high of Rs.47.50 and low of Rs.45.60.

The total traded quantity was 635054 compared to 2 week average of 272978.

Source : Equity Bulls

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