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Nitin Spinners gets nod to raise Rs 12.05 crore

20 Dec 2017 Evaluate

Nitin Spinners has received an approval for the issuance of 10,00,290 Equity Shares at a price of Rs 120.50 per Equity Share aggregating to Rs 12.05 crore to Ratan Lal Nolklia, Dinesh Nolkha, Nitin Nolakha and Redial Trading and Investment (the Promoters). The Securities Issuance Committee (the Committee) of the Company at its meeting held on December 19, 2017, given approval for the same.

Nitin Spinners is an ISO 9001:2008 company and a Government of India recognized Export House, manufacturing 100% Cotton Yarns and Fabrics.

Nitin Spinners Share Price

401.60 5.80 (1.47%)
13-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Trident 25.19
Filatex India 43.84
Nitin Spinners 401.60
Nahar Spinning Mills 236.70
Sanathan Textiles 424.90
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