BCL Industries has received approval from Board of Directors for issuance of 55,83,334 fully convertible warrants of face value of Rs 10 each on preferential basis at an issue price of Rs 360 per warrant, aggregating to Rs 201 crore.
The company's board has also approved a proposal for constitution of a 'Fund Raising Committee' for taking necessary decisions, resolving the difficulties/obstacles which may arise with respect to BCL's proposed fund raising, and to engage professional intermediaries, experts, technical consultants, advisors, as and when required. BCL Industries is the only company in India and the South Asian region to have a forward and backward integrated distillery ethanol plant.
BCL Industries & Infrastructures is engaged in the business of extracting, manufacturing and marketing clarified butter and oil.
| Company Name | CMP |
|---|---|
| AWL Agri Business | 197.70 |
| Patanjali Foods | 472.15 |
| Gokul Agro Resources | 219.00 |
| Marico | 764.25 |
| BCL Industries | 33.25 |
| View more.. | |
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