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Sicagen India gets nod to raise Rs 25 crore

27 May 2021 Evaluate

Sicagen India’s board has approved the proposal for fund raising by way of issuance of preference shares to the extent of Rs 25 crore under private placement subject to the shareholders’ approval at the ensuing Annual General Meeting. As part of comprehensive strategy and business development and also to enhance the working capital requirement, the Board of Directors of the company, at its meeting held on May 26, 2021 has inter alia considered and approved the proposal for fund raising.

Sicagen India is country's leading provider of trading and marketing services for construction-related industrial and retail infrastructure.

Sicagen India Share Price

54.30 1.18 (2.22%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 234.90
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Amrapali Industries 17.53
Rashi Peripheral 455.25
PDS 301.45
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