Krebs Biochemicals to raise funds up to Rs 25 crore

Krebs Biochemicals & Industries Ltd. | Pharmaceuticals & Drugs | Healthcare | BSE: 524518 | NSE: KREBSBIO

31 Jul 2018 Evaluate

Krebs Biochemicals & Industries has received an approval for raising of funds by way of offer and issue of Equity Shares to the members of the company on rights basis (Rights Issue) at such price and rights entitlement ratio as may be decided by the Board/committee of the Board, for an amount aggregating up to Rs 25 crore. The Board of Directors of the company in its meeting on July 30, 2018, approved the same.

Krebs Biochemicals & Industries is an India-based company. The Company operates in the pharma segment.

Peers

Company Name	CMP
Sun Pharma. Inds.	1856.25
Dr. Reddys Labs.	1205.00
Cipla	1402.50
Lupin	2099.00
Zydus Lifesciences	1175.00
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.