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PI Industries to raise funds upto Rs. 150 crore

07 Dec 2012 Evaluate

PI Industries has received an approval for raising of funds upto Rs. 150 crore through equity related instruments. The board at its meeting held on December 06, 2012 has approved for the same.

PI Industries is engaged in the business of Agri inputs, Fine Chemicals and (CRAMS) Contract Research and Manufacturing Services), Polymers and Engineering Services. It launched a range of new products in the category of plant nutrients thus further diversifying and enriching our product portfolio. This new category of Water Soluble Fertilizer named PI-NUTRI was launched during second fortnight of June 2008.

Peers
Company Name CMP
UPL 547.80
PI Industries 2396.05
Bayer CropScience 3705.00
Sharda Cropchem 740.25
Sumitomo Chem. India 446.50
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