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Kesar Petroproducts to raise funds up to Rs 12 crore

06 Dec 2014 Evaluate

Kesar Petroproducts has received an approval to raise funds up to Rs 12 crore. The board of director at its meeting held on December 04, 2014 has approved for the same. The above is however subject to the approval of the shareholders of the company under Section 62 of the Companies Act, 2013.

The company will raise funds by offering and issue of 24 lakh warrants carrying an option/entitlement to subscribe for equivalent number of equity shares of Rs 10 each at such price as may be determined as per SEBI Regulations, 2009 on preferential basis to persons other than promoters to meet long term and working capital requirements.

Kesar Petroproducts main objective is to manufacture Bisphenol-A (BPA) apart from dealing in all kinds of petroproducts.

Kesar Petroproducts Share Price

25.58 0.00 (0.00%)
22-Apr-2026 09:37 View Price Chart
Peers
Company Name CMP
BASF India 3697.90
Tata Chemicals 709.75
SRF 2471.05
Pidilite Inds. 1405.00
Deepak Nitrite 1654.00
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