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Shaily Engineering Plastics gets nod to raise upto Rs 300 crore

12 Jul 2021 Evaluate

Shaily Engineering Plastics has received approval for raising of funds for an amount aggregating upto Rs 300 crore, in one or more tranches, on such terms and conditions as it may deem fit, by way of issuance of securities, through one or more permissible modes including but not limited through a Qualified Institutions Placement//Preferential Offer or a combination thereof, subject to shareholder's enabling approval for the purpose of funding future capex requirements and general corporate requirements.

Shaily Engineering Plastics is engaged in providing service excellence in plastics injection moulding.

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