Shilpa Medicare has raised Rs 499.99 crore through qualified institutional placement (QIP) of equity shares. The issue opened on April 08, 2024 and closed on April 12, 2024.
Pursuant to the allotment of Equity Shares in the Issue, the paid-up equity share capital of the Company stands increased from Rs 8,68,01,898 comprising of 8,68,01,898 Equity Shares of face value of Rs 1 each to Rs 9,77,90,908, comprising of 9,77,90,908 Equity Shares of face value of Rs 1 each.
Shilpa Medicare produces and exports consistently high-quality Active Pharmaceutical Ingredients Fine Chemicals, intermediates, herbal products and speciality chemical products using sophisticated technology, meticulously following international specifications.
