Zuari Agro Chemicals shines on filing Letter of Offer with Sebi for Rs 500 crore rights difficulty

Zuari Agro Chemicals shines on filing Letter of Offer with Sebi for Rs 500 crore rights difficulty

by admin- Thursday, February 21st, 2019 04:58:05 PM

Zuari Agro Chemicals is presently trading at Rs. 188.15, up by means of 5.45 factors or 2.98% from its previous remaining of Rs. 182.70 on the BSE.

The scrip opened at Rs. 189.Ninety five and has touched a excessive and coffee of Rs. 189.Ninety five and Rs. 185.30 respectively. So a ways 304 stocks were traded at the counter.

The BSE group ‘B’ stock of face value Rs. 10 has touched a fifty two week excessive of Rs. 563.Ninety on 17-Apr-2018 and a fifty two week low of Rs. 174.70 on 19-Feb-2019.

Last one week high and coffee of the scrip stood at Rs. 189.95 and Rs. 174.70 respectively. The cutting-edge marketplace cap of the organization is Rs. 768.Forty crore.

The promoters protecting inside the corporation stood at sixty five.04%, even as Institutions and Non-Institutions held eleven.05% and 23.91% respectively.

Zuari Agro Chemicals has filed a record with the marketplace regulator SEBI to raise Rs 500 crore via rights trouble of debentures. In June closing 12 months, the business enterprise’s board had approved elevating of funds via manner of trouble of obligatory convertible debentures to the prevailing shareholders on a rights basis (Rights Issue) as much as Rs 500 crore.

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