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.
| Company Name | CMP |
|---|---|
| BASF India | 3697.90 |
| Tata Chemicals | 709.75 |
| SRF | 2471.05 |
| Pidilite Inds. | 1405.00 |
| Deepak Nitrite | 1654.00 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: