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Ganesha Ecosphere raises funds worth Rs 100 crore

10 May 2018 Evaluate

Ganesha Ecosphere has received an approval for the allotment of 26,52,520 equity shares of face value of Rs 10 each at a price of Rs 377 per share (including premium of Rs 367 per equity share) aggregating to around Rs 100 crore. The Capital Raising Committee of the Board of Directors of the company at its meeting held May 9, 2018, approved the same. 

Ganesha Ecosphere is a widely held company engaged in the recycling of post consumer PET bottle waste into Recycled Poyester Staple Fibre (RPSF).


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