Borosil Renewables Ltd, Tasty Bite Eatables Ltd, Maharashtra Seamless Ltd and Hindustan Construction Company Ltd are among the other gainers in the BSE s A group today, 21 December 2020.
Borosil Renewables Ltd, Tasty Bite Eatables Ltd, Maharashtra Seamless Ltd and Hindustan Construction Company Ltd are among the other gainers in the BSE s A group today, 21 December 2020.
Kiri Industries Ltd surged 13.09% to Rs 594.1 at 11:48 IST. The stock was the biggest gainer in the BSE s A group. On the BSE, 96691 shares were traded on the counter so far as against the average daily volumes of 14101 shares in the past one month.
Borosil Renewables Ltd spiked 9.92% to Rs 183.9. The stock was the second biggest gainer in A group. On the BSE, 1.94 lakh shares were traded on the counter so far as against the average daily volumes of 1.24 lakh shares in the past one month.
Borosil Renewables raises Rs 200 cr via QIP
Borosil Renewables Ltd (BRL) has successfully completed fundraising of Rs 200 crore through a qualified institutions placement (issue), a company statement said
PTI | December 18, 2020 | Updated 15:43 IST
Solar glass maker Borosil Renewables on Friday said it has raised Rs 200 crore by issuing 1.58 crore shares through qualified institutional placement. The issue opened on December 14, 2020, and closed on December 17, the company added.
Borosil Renewables Ltd (BRL) has successfully completed fundraising of Rs 200 crore through a qualified institutions placement (issue), a company statement said. BRL allotted 1,58,04,030 shares of the face value of rupee one each at Rs 126.55 per share. Post the QIP issue, the holding of promoter and promoter group will be 61.92 per cent.
Borosil Renewables announces completion of Rs 200 crore QIP ANI | Updated: Dec 18, 2020 17:47 IST
BRL allotted 1.58 crore shares of face value of Re 1 each at Rs 126.55 per share. Post the QIP issue, the holding of promoter and promoter group will be 61.92 per cent.
The company s securities issue committee had approved opening of the issue on December 14 and closing on December 17. The funds raised through this QIP will help us undertake our planned expansion and we are excited to capitalise on the business opportunity that our industry offers, said Executive Chairman Pradeep Kheruka.
The funds raised are planned to be utilised by BRL to service its capital expenditure requirements for a brownfield expansion to more than double its solar glass production capacity from 450 tonnes per day to 950 tonnes per day.
Borosil Renewables raises Rs 200 cr via through QIP - The Financial Express financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Borosil Renewables raises Rs 200 cr through QIP
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Last Updated: Dec 18, 2020, 07:10 PM IST
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Borosil Renewables Ltd (BRL) has successfully completed fundraising of Rs 200 crore through a qualified institutions placement (issue), a company statement said.
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BRL allotted 1,58,04,030 shares of the face value of rupee one each at Rs 126.55 per share. Post the QIP issue, the holding of promoter and promoter group will be 61.92 per cent.
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NEW DELHI: Solar glass maker Borosil Renewables on Friday said it has raised Rs 200 crore by issuing 1.58 crore shares through qualified institutional placement.
The issue opened on December 14, 2020, and closed on December 17, the company added.