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Som Distilleries And Breweries informs about outcome of committee meet

09 Oct 2023 Evaluate

In relation to its intimation letter October 5, 2023, Som Distilleries And Breweries has informed that meeting of the Fund Raising Committee (‘Committee’) scheduled on October 10, 2023 stands cancelled. Further the Committee has at its meeting held today October 9, 2023, resolved for the following: The Company is not going ahead with the proposed QIP issue due to lesser amount of bids received towards its proposed QIP Issue. The Company shall evaluate the viability of a funds raise at a suitable time. Its focus on growth and delivering shareholders value in the short and medium term remains intact. The meeting of the Committee commenced at 08:00 am and concluded at 08:30 am.

The above information is a part of company’s filings submitted to BSE.


Som DistilleriesBrew Share Price

94.14 -1.66 (-1.73%)
23-Apr-2026 16:59 View Price Chart
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