JHS Svendgaard Laboratories to invest Rs 1.50 crore in subsidiary company

20 May 2019 Evaluate

JHS Svendgaard Laboratories has received approval to invest in subsidiary -- JHS Svendgaard Brands for an amount of Rs 1.50 crore to be invested by way of subscription in Fully Convertible Warrants (FCWs) of Rs 10 each (Issue Price Rs 30) convertible within 12 months on preferential basis.

The Board of Directors of the Company at its meeting held on May 18, 2019 has approved the same.

JHS Svendgaard Laboratories is engaged in manufacturing a range of oral and dental products. The portfolio of the Company is to carry out manufacturing, exporting, importing and trading of oral care/hygiene products, including toothbrushes and toothpastes, mouthwash, denture tablets and sanitizers.

JHS Svendgaard Share Price

16.39 0.78 (5.00%)
28-Mar-2024 16:01 View Price Chart
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