Aarti Industries zooms on getting nod to raise budget worth Rs 750 crore

Aarti Industries zooms on getting nod to raise budget worth Rs 750 crore

by admin- Friday, November 2nd, 2018 04:09:40 PM

Aarti Industries is currently trading at Rs. 1379.95, up by using sixty one.Seventy five points or 4.Sixty eight% from its previous final of Rs. 1318.20 on the BSE.

The scrip opened at Rs. 1376.50 and has touched a excessive and occasional of Rs. 1410.00 and Rs. 1374.00 respectively. So some distance 2539 stocks had been traded on the counter.

The BSE organization ‘A’ inventory of face cost Rs. 5 has touched a fifty two week high of Rs. 1434.95 on 09-Aug-2018 and a fifty two week low of Rs. 851.00 on 15-Nov-2017.

Last one week high and coffee of the scrip stood at Rs. 1,410.00 and Rs. 1242.50 respectively. The present day marketplace cap of the corporation is Rs. 11181.60 crore.

The promoters protecting within the enterprise stood at fifty three.00%, even as Institutions and Non-Institutions held 18.14% and 28.85% respectively.

Aarti Industries has obtained approval to raise finances via way of issue of equity stocks or another devices or security including absolutely/in part convertible debentures or by means of way of a composite problem of Non-Convertible Debentures (NCDs), via qualified establishments placement, non-public placement/public issue of equity/ debt securities, preferential problem or through some other permissible mode and/ or mixture mixture amount of upto Rs 750 crore.

The Board of Directors of the Company at its meeting hung on November 01, 2018 has accredited the same.

News Updates