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Som Distilleries receives LOIs from Hong kong based investors

04 Jun 2018 Evaluate

Som Distilleries & Breweries has received Letter of Intents (LOIs) from two Hong kong based investors for a preferential issue of shares for an amount up to Rs 100 crore subject to regulatory approvals and ratification from the shareholders of the company through an EGM proposed on June 29, 2018.

In the same EGM, the company is proposed to issue preferential warrants up to Rs 36 crore to the promoters and the promoter group.

Som Distilleries & Breweries is engaged in the business of brewing, fermentation, bottling, canning and blending of beer and Indian made foreign liquor.

Som DistilleriesBrew Share Price

86.23 1.73 (2.05%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
United Spirits 1303.00
United Breweries 1494.10
Radico Khaitan 3188.25
India Glycols 975.65
Allied Blenders 573.50
View more..

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