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    Zuari Agro Chemicals to raise up to Rs 400 cr

    "The board... has considered and approved raising of funds by issue of equity shares and/or any other permissible securities convertible into equity shares through qualified institutional placement (QIP) or through any other permissible mode or a combination thereof in one or more tranches... for an amount not exceeding Rs 400 crore," Zuari Agro Chemicals said in a regulatory filing today.

    PTI
    November 21, 2017 / 11:51 AM IST
    The research firm recommended a “BUY” rating on Godrej Agrovet with a target price of Rs 461 from Rs 387 | Upside potential 19  percent.

    The research firm recommended a “BUY” rating on Godrej Agrovet with a target price of Rs 461 from Rs 387 | Upside potential 19  percent.

     
     
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    Zuari Agro Chemicals' board has approved raising up to Rs 400 crore in one or more tranches.

    "The board... has considered and approved raising of funds by issue of equity shares and/or any other permissible securities convertible into equity shares through qualified institutional placement (QIP) or through any other permissible mode or a combination thereof in one or more tranches... for an amount not exceeding Rs 400 crore," Zuari Agro Chemicals said in a regulatory filing today.

    The stock added 2.06 per cent at Rs 567 on the BSE today.

    PTI
    Tags: #BSE #Business #Companies #Zuari Agro Chemicals
    first published: Nov 21, 2017 11:45 am

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