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Agio Paper & Industries gets nod to raise up to Rs 5 crore

12 Dec 2018 Evaluate

Agio Paper & Industries has received approval for fund raising by way of issue of 10% Non-cumulative Redeemable Preference Shares upto a value of Rs 5 crore on Private Placement basis. The Board of directors of the company at its meeting held on December 12, 2018 has approved for the same.

Agio Paper & Industries engages in the manufacture and sale of writing and printing paper in India.The company uses non-conventional raw materials like rice straw and jute waste.

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