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Kesoram Industries zooms on planning to raise funds

26 Nov 2020 Evaluate

Kesoram Industries is currently trading at Rs. 46.85, up by 3.10 points or 7.09% from its previous closing of Rs. 43.75 on the BSE.

The scrip opened at Rs. 46.45 and has touched a high and low of Rs. 47.90 and Rs. 45.50 respectively. So far 82155 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 58.90 on 17-Jan-2020 and a 52 week low of Rs. 17.05 on 26-Mar-2020.

Last one week high and low of the scrip stood at Rs. 47.90 and Rs. 41.35 respectively. The current market cap of the company is Rs. 665.90 crore.

The promoters holding in the company stood at 53.13%, while Institutions and Non-Institutions held 3.80% and 38.13% respectively.

Kesoram Industries is planning to raise funds either through Issue of Non- Convertible Debentures (NCDs) and/or issue of Equity Shares and/or issue of Zero Coupon Optionally Convertible Redeemable Preference Shares as per the Resolution Plan approved In-principle by the Lenders. A meeting of Fund Raising Committee followed by a meeting of Board of Directors of the company is scheduled to be held on November 30, 2020, inter alia, to seek approval for the same.

Kesoram Industries is engaged in the manufacture of cement, tyres, tubes, rayon, paper, heavy chemicals and spun pipes.

Kesoram Industries Share Price

10.60 0.50 (4.95%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
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