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Lambodhara Textiles gets nod to raise funds

21 Dec 2017 Evaluate

Lambodhara Textiles has received an approval to raise funds considering the long term fund requirements of the company and to foster organic growth prospects through further issue of equity shares to Strike Right Integrated Services using preferential allotment, not exceeding Rs 4.00 crore. The Board of Directors of the company at their meeting held on December 20, 2017, approved the same.

The Board also approved the raise of funds considering the long term fund requirements of the company and to foster organic growth prospects through further issue of equity shares using private placement mode, not exceeding Rs 15.00 crore.

Lambodhara Textiles is an India-based textile company. The company is engaged in the manufacturing of synthetic yarn.

Lambodhara Textiles Share Price

108.50 -0.24 (-0.22%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Trident 26.12
Filatex India 44.94
Nitin Spinners 419.70
Nahar Spinning Mills 249.20
Sanathan Textiles 427.00
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