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Birla Corporation approves the issue of non-convertible debentures up to Rs 200 crore


The board of directors of Birla Corporation on Wednesday approved the issue of secured redeemable non-convertible debentures aggregating up to Rs 200 crore on a private placement basis in one or more tranches within one  year.
The board also gave its nod to a 100 per cent dividend, having shored up a 24.7 per cent growth in net profit for financial year 2020-21 at Rs 630.14 crore. This is the company’s highest full-year profit despite operational challenges at the beginning of the fiscal because of the Covid-19 pandemic.
The flagship of MP Birla Group on Wednesday reported a fourth-quarter net profit of Rs 249.33 crore, up 28 per cent from Rs 194.73 crore a year ago, backed by a 24.5 per cent jump in cement sales volume to 4.17 million tonnes (mt). ....

Amit Syngle , Vardhan Lodha , Birla Corporation , Asian Paints , Harsh Vardhan Lodha , வர்தன் லோதா , பிர்லா நிறுவனம் , ஆசிய வண்ணப்பூச்சுகள் , கடுமையான வர்தன் லோதா ,