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Sheetal Diamonds gets approval for preferential issue of Rs 49.95 crore

28 Dec 2023 Evaluate

Sheetal Diamonds'  Board has approved Preferential Issue of Rs 49.95 crore. The proceeds of this preferential issue will be utilized to foray into retail sector, whereby the company plans to set up retail stores across the country.  

Sheetal Diamonds is a name well reckoned in the arena of manufacturing and exporting of exclusive diamond jewelry.


Peers
Company Name CMP
Redington 336.80
Adani Enterprises 2730.10
Amrapali Industries 34.86
Maxgrow India 171.90
Rashi Peripheral 736.85
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